Hermes International stock slides as tariff jitters hit luxury shares — what to watch next
Hermès shares fell 3.52% to 2,113 euros in Paris on Monday as U.S. tariff threats triggered a sell-off in European luxury stocks. The euro zone volatility index hit its highest level since November. Trump announced a 10% tariff on several European countries starting Feb. 1, with a possible increase to 25% in June if no Greenland deal is reached. Hermès will report 2025 results on Feb. 12.