# Sales of Birkin and Kelly bags, silk scarves and perfume grew by 6% in currency-adjusted terms.

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

## Key points

- Hermes' first-quarter sales grew by only 6%, missing the 7.1% analyst consensus.
- Currency fluctuations reduced Hermes' reported revenue by 290 million euros year-over-year.
- Sales in the Middle East fell 6% to 160 million euros, reversing last year's rapid growth.
- Sales in UAE luxury malls plummeted 40% in March due to geopolitical events.
- Weak tourist flows also negatively impacted Hermes' sales in France, the UK, Italy, and Switzerland.

**Companies:** Hermes
**Countries:** France, Iran, United Kingdom, Italy, Switzerland, United Arab Emirates

[Read the full story on MarketScreener](https://www.marketscreener.com/news/hermes-reports-hit-to-first-quarter-sales-from-iran-war-ce7e50dcd980f42d)

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