# French luxury group Hermes announced disappointing first-quarter sales.

*business · news · 2026-04-15 · Devdiscourse*

## Key points

- Hermes' first-quarter sales rose 5.6%, below the expected 7.1% analyst forecast.
- Sales in the Middle East, previously Hermes' fastest-growing region, declined by 6%.
- Decreased tourist arrivals in Paris, London, and Dubai have directly hindered luxury sales growth.
- The U.S. market was a notable outlier, with Hermes sales rising by 17.2% despite currency headwinds.

**Companies:** Hermes, LVMH, Kering
**Countries:** France, Iran, United States, United Kingdom

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3874397-hermes-faces-luxury-setback-amid-iran-conflict)

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