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Business

China 'tough' for Hermes

1
2015-11-13 09:17Global Times Editor: Li Yan

Hermes Chief Executive Axel Dumas said business trends in China would remain difficult at the end of this year and in 2016, but that the luxury goods maker planned to pursue investments in Hong Kong despite a drop in that market.

"The current uncertainties make the Chinese market a slightly difficult market," Dumas told Reuters on Thursday after the group published third-quarter sales.

"Fundamentally, I remain particularly confident about the Chinese economy and its ability to serve as a growth vector," he said.

  

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