By  on August 29, 2014

PARIS — Hermès International, set to open a four-story Maison in Shanghai on Sept. 12, sounded a sanguine note about the Chinese market amid growing worries the Asian luxury juggernaut is losing steam.

“The fundamentals in China remain strong,” Hermès chief executive officer Axel Dumas told a press conference Friday morning as the luxury firm reported an 8.1 percent bump in first-half net profits.

 

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