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Hermès
The latest Hermès coverage from Bullquill: sourced, dated and explained.
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Europe daily brief, Oct 22, 2026: AI selloff, oil and French yields
European shares fell on October 22, 2026. AI-linked stocks slid after US tech earnings, oil rose after attacks in Saudi Arabia, and France's 10-year yield rose above the US equivalent. Milan and Madrid fell more than 2%, while London lost 0.3%.
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Hermès Q3 sales growth slows to 4.3%, weakest since early 2020
Hermès grew third-quarter revenue 4.3% at constant exchange rates to €4.1 billion, missing forecasts. Asia-Pacific excluding Japan was flat and ready-to-wear and accessories fell as Chinese shoppers cut back, while Birkin and Kelly leather goods still grew 10.8%.