Hermes First-Half Results Hit By Pandemic, Sales Picking Up

      French luxury group Hermes said Thursday the coronavirus pandemic hit profits in the first half of the year but expressed confidence about the future as business began picking up in June. Net profits plunged 55 percent to 335 million euros ($394 million) while its operational profitability fell to 21.5 percent of revenue … Continue reading Hermes First-Half Results Hit By Pandemic, Sales Picking Up
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