EPA:RMS News 10 January 2026 - 1 February 2026

Hermès shares closed Friday at 2,029 euros, up 0.1%, after announcing a new leather goods workshop in Normandy set to create 260 jobs. The stock is down about 26% over the past year. The CAC 40 rose 0.54%, led by luxury stocks. Hermès will report annual results on Feb. 12.

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.

Hermès shares fell 2.1% to 2,190 euros on Friday, mirroring a 3.2% drop in the STOXX Europe luxury index after Richemont was downgraded by BofA Global Research. No new company news from Hermès accompanied the decline. The next major event for Hermès is its 2025 annual results release on Feb. 12.

Hermès shares rose 3.74% Friday to close at 2,217 euros, ending the week above 2,200. LVMH and Kering also advanced, lifting the CAC 40 to a record 8,362.09. Investors await U.S. CPI data on Jan. 13 and Hermès’ annual results on Feb. 12. Oddo BHF cut its Hermès price target to 2,200 euros, citing valuation concerns.