Shares of Hermès International S.C.A. fell sharply on Wednesday, dropping by about 13% after the French luxury group’s first-quarter results came in below market expectations, AzerNEWS reports, citing foreign media.

Shares of Hermès International S.C.A. fell sharply on Wednesday, dropping by about 13% after the French luxury group’s first-quarter results came in below market expectations, AzerNEWS reports, citing foreign media.