new Normandy workshop plan puts supply in focus before results
Paris, February 1, 2026, 20:38 CET — The market has closed.
Hermès shares closed Friday at 2,029 euros, inching up 0.1% following the luxury group’s announcement of a new leather goods workshop in Normandy. The stock has dropped roughly 26% over the last year. (Trading Economics)
Markets remain closed until Monday, so investors are focused on what lies ahead: output, demand, and guidance—not the usual runway chatter. The workshop’s main takeaway is long-term, but it arrives just before the company’s annual results.
Hermès counts on scarcity to drive its business, so production levels are crucial. Boosting output could fuel growth down the line, but it also challenges just how strong their pricing power…
