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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| HESA.F | +12.32% | +179.51% | +22.8% | +1,677% |
| S&P | +19.89% | +109.18% | +15.89% | +591% |
Hermès International SCA engages in the provision of textiles and apparel. Its activities include manufacturing, sale, and distribution of apparel products, such as leather goods and saddler, ready-to-wear clothing, footwear, belts, gloves, hats, silk and textiles, jewelry, furniture, wallpaper, interior fabrics, tableware, perfumes and watches. The firm's geographical segments include France, Europe, Japan, Asia Pacific, Americas and Others. The company was founded by Thierry Hermès on June 1, 1938 and is headquartered in Paris, France.
If the Federal Reserve can manage a soft landing, the rich might keep spending on luxury goods.
Luxury-goods makers are losing out on sales in one of their big markets, but that doesn’t mean it’s time to sell their shares.
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