Prompted by a reduction in import tariffs to goods entering China, the leather goods house is lowering prices by around 4 percent in the country.
The stock market operator reviews the makeup of the benchmark index on a quarterly basis.
Hermès ceo Axel Dumas and Patrice Caine, chairman and ceo of Thales, will join the French beauty giant’s board.
A French national won the international competition for the first time.
Sophie Seibel-Traonouïl is replacing Ina Delcourt, who has retired after 21 years in the role.
The French luxury firm reiterated its warning that first-half results cannot be projected for the full year.
The sites will each employ around 250 craftspeople specialized in leather goods.
The leather goods maker sees underlying strength in high-end markets despite global volatility.