Hermès Q1 2026 revenue hit €4.1 billion, up 6% at constant exchange rates, as Americas surged 17% and Middle East fell 6% amid geopolitical tensions.
apparel tariffs
LVMH Shares Post Worst Q1 on Record in 2026 With 28% Drop
LVMH shares fell 28% in Q1 2026, marking the worst quarterly start in company history as tariffs, geopolitical tensions, and luxury slowdown pressure the conglomerate.
US Fashion Prices to Rise 17% in 2026 as Tariffs Hit Apparel Industry
US fashion prices forecast to rise up to 17% in 2026 as tariffs hit apparel. New research shows 92% of US consumers plan to cut or shift fashion spending.
