Hermès shares tumble 12% on weak sales amid Middle East conflict
Birkin bag maker falls short of forecasts in first quarter
Birkin bag maker falls short of forecasts in first quarter

Luxury group’s sales rise 10% but shares dip on heightened sector expectations

US and Israel’s war on Iran dented sales growth at world’s biggest luxury group

Luxury group warns on effect of Iran war on some regional sales

New CEO wants to increase investment given concentration of wealthy potential clients in the Gulf

Buyers stayed away during the crucial annual buying period amid pessimism over geopolitical tensions and the global economy

First-quarter income dips to $9.4bn, missing analyst expectations