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Investing.com -- Hermes (EPA:HRMS) shares slid around 3% on Thursday after UBS analysts lowered their rating on the luxury fashion house to Neutral from Buy, citing emerging risks to the company’s...
Investing.com - UBS downgraded Hermes International (OTC:HESAF) (EPA:RMS) stock rating from Buy to Neutral on Thursday, while lowering its price target to EUR2,389.00 from EUR2,704.00. The Swiss bank...
Investing.com -- Shares of Luxury fashion giant Hermes (EPA:HRMS) fell 3.6% on Wednesday despite posting a 9% rise in second-quarter sales, pointing to continued strong demand from affluent shoppers...
Investing.com -- UBS has upgraded its long-standing underweight rating on the global luxury sector to benchmark, citing both tactical and structural reasons. The move comes despite the firm...
Investing.com -- Barclays (LON:BARC) has downgraded LVMH (EPA:LVMH) to “equal weight” from “overweight,” citing sustained macroeconomic headwinds, margin pressure, and a weakening recovery outlook...
Investing.com -- French luxury goods manufacturer Hermes, known for its iconic Birkin bags, is planning to increase prices in the U.S. as a measure to counteract the potential impact of tariffs. This...
Investing.com -- Hermes (EPA:HRMS) said Thursday it plans to raise prices in the U.S. to fully offset the impact of new tariffs introduced by U.S. President Donald Trump, the French luxury house said...
Investing.com -- Luxury stocks are facing renewed pressure as fallout from aggressive new U.S. tariffs ripples through global markets. Analysts at Bernstein in a note dated Monday have downgraded...
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