Brand StrengthA loyal local wealthy clientele and a flight to quality toward the most iconic products and timeless brands helped Hermès to navigate challenging trading conditions in China better than its peers.
EarningsHermès is expected to report solid organic growth, confirming its defensive appeal in a challenging earnings season for its peers.
Financial PerformanceHermès offers a resilient top-line and defensive earnings profile, standing out as a winner in a tough sector.