Hermes International designs, produces, and distributes personal luxury accessories and apparel. The Company operates a chain of boutiques under the Hermes name that sells items such as leather, scarves, men's clothes, ties, women's fashions, perfume, watches, stationery, shoes, hats, gloves, and jewelry.
Chinaâs luxury market last year failed to recover to 2021 levels amid a slowdown in economic growth and as more consumers made purchases overseas,...