Hermès International (OTCPK:HESAY) is an excellent luxury goods business, and one which current shareholders should continue to hold. That said, it is not one that I believe should be bought at this time, and I will explain why in the following paragraphs.
That the Paris, France-based Hermès International is a powerhouse in the global luxury goods sector is incontestable - only Louis Vuitton Moët Hennessy, or LVMH (OTCPK:LVMHF) and the privately-held Chanel S.A. (both French companies as well) command greater brand value.
Figures for brand value of the top ten most