By  on July 18, 2014

PARIS — In another sign that currency headwinds are creating headaches for luxury firms, Hermès International warned Friday it expects its operating margin to take a hit after foreign exchange swings again took a chunk out of second-quarter revenues.

The luxury goods sector faces a relatively tough period as organic growth slows from Europe to Japan, analysts say.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus