Dow Jones Newswires: Hermes sees sales up 23% over a year ago, driven by tourism, new stores

Hermes International SCA said Friday that sales momentum continued into the first part of the year, propelled by increased tourism and new stores.

The French luxury fashion house FR:RMS, maker of Birkin handbags, booked sales of 3.38 billion euros ($3.73 billion) in the first quarter, rising 23% at constant currency from EUR2.77 billion in the same period last year. The pace of growth was the same as in the last quarter of 2022.

Analysts…

This post was originally published on Market Watch

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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