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Hermès' fourth-quarter revenue rose 9.8%, exceeding expectations, with strong performance in the U.S. market driving results against the trend | Earnings Report Insights

Hermès' fourth-quarter revenue rose 9.8%, exceeding expectations, with strong performance in the U.S. market driving results against the trend | Earnings Report Insights

Against the backdrop of an overall slowdown in the luxury industry, Hermès benefited from ultra-high net worth customers (who are less sensitive to inflation and macro fluctuations) and a long order backlog, once again delivering a "stable and slightly strong" report card. On February 12, French luxury giant
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China’s official policy introduces new automobile industry price regulations: “Selling price lower than production cost” poses significant legal risks.

China’s official policy introduces new automobile industry price regulations: “Selling price lower than production cost” poses significant legal risks.

``` On February 12, the State Administration for Market Regulation officially released the "Compliance Guidelines for Price Behavior in the Automobile Industry" (hereinafter referred to as the "Guidelines"), clearly stating that “actual ex-factory prices lower than production costs” carry significant legal risks. The guidelines were approved at
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