Hermes plans U.S. price increase to offset tariffs impact By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
0mins
Source: Investing.com
Hermes Price Increase: French luxury brand Hermes plans to raise prices in the U.S. to mitigate potential impacts from tariffs, despite not yet experiencing any negative effects from them.
Market Adaptation: The company reported a 7.2% sales increase in the first quarter, but noted a slowdown compared to previous growth rates, reflecting broader challenges faced by businesses amid escalating trade tensions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
