Birkin Bag Maker Plunges Most Since 2010 As Soft China Demand Weighs On Leather Sales
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Source: Zero Hedge
Published: 2026-07-29 21:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Europe, Economy & Finance, China, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Hermès shares in Paris suffered their steepest intraday decline in nearly 16 years after second-quarter leather goods sales missed estimates among analysts tracked by Bloomberg, reigniting concerns over the luxury group's large exposure to the Chinese market.
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