Hermès Shines in a Scruffy Luxury Market

From “Dow Jones & Company”:

Hermès outperforms luxury sector in 2023 with 33% share growth, while LVMH rose 8%. Most large European luxury stocks ended 2023 in the red after a record three-year shopping binge. Hermès attributed its growth to its restraint in good times, showing steady growth in a downturn. (Source: The Wall Street Journal)



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