French luxury goods group Hermès released its third-quarter financial report on Thursday, October 24th, local time. Sales revenue in the third quarter increased by 11.3% when calculated at a fixed exchange rate, slightly higher than analysts' expectations, and continued to achieve double-digit growth. However, a comparison of the financial reports revealed that Hermès' growth of 11.3% this quarter, whether compared to the 13.3% from the second quarter of this year or the 15.6% from the same period last year, has shown signs of fatigue. "Luxury brands are no longer as attractive as before, and Hermès is actually 'lowering prices' as well." Fashion industry analyst Tang Xiaotang stated in an interview with reporters that, in his observation, Hermès is stabilizing performance by adjusting inventory ratios. (Yicai)