PARIS -- U.S.-China trade tensions are pushing French luxury brands and liquor producers into uncharted territory after weak Chinese demand hit bottom lines over the past two years.
Trump tariffs add to woes, but Japan and super-high-end markets offer some hope
Hermes, maker of its eponymous scarves and handbags, posted revenue growth in the March quarter, bucking the industry trend. © Reuters
PARIS -- U.S.-China trade tensions are pushing French luxury brands and liquor producers into uncharted territory after weak Chinese demand hit bottom lines over the past two years.