A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".

Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.

wallstreetcnAug 29 09:42 ET

ERNEST BOREL: UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024

HKEXAug 29 09:37 ET · Announcements

Ernest Borel Holdings Addresses Acquisition Shortfall

TipRanksAug 23 09:09 ET

ERNEST BOREL: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO ANNUALREPORT FOR THE YEAR ENDED 31 DECEMBER 2023

HKEXAug 23 08:34 ET · Announcements

Ernest Borel Anticipates First-Half Net Loss

TipRanksAug 22 07:10 ET

ernest borel (01856.HK) profit warning: expected net loss of approximately 5 million Hong Kong dollars in the medium term.

ernest borel (01856.HK) announced that the group is expected to record a net loss of approximately 5 million Hong Kong dollars for the six months ending June 30, 2024, compared to a net profit of approximately 1.3 million Hong Kong dollars for the six months ending June 30, 2023.

Gelonghui FinanceAug 22 07:00 ET