2Mon·

$RMS (-0.18%) New addition to the depot.


Today I decided to invest in Hermes. The alternative would have been $MC (+0.38%) LVMH, but I don't see a turnaround or a bottom there at the moment, which is why I ultimately chose Hermes. I am convinced by Hermes' fundamentals and the continuous demand in the luxury segment, even in difficult economic times.


Interestingly, Hermes is now my second stock in the luxury segment, alongside $EL (+0.47%) Luxottica, although I see Luxottica more as a premium brand and less as classic luxury. Nevertheless, I believe that the luxury market will remain robust in the long term and will benefit from global trends such as growing affluence and the pursuit of exclusivity.

16.09
Hermes Intl logo
Bought at €1,919.30
18
1 Comment

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I don't like them. They keep putting the parcels on top of my letterbox instead of ringing my doorbell 😡
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