UPDATE 3-Birkin handbag maker Hermes outshines rivals with big sales jump Adds comment on change in Chinese tastes in paragraphs 14-15, details on U.S. sales in paragraph 16 By Mimosa Spencer PARIS, July 25 (Reuters) - Birkin-bag maker Hermes HRMS.PA reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back.

Hermes 2Q sales rise 13% on continued appetite for high-end luxury PARIS, July 25 (Reuters) - Birkin-bag maker Hermes HRMS.PA reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back. Sales at the French luxury group grew to 3.7 billion euros ($4.02 billion), a 13% organic sales rise that strips out currency fluctuations .

MORNING BID AMERICAS-Growth angst or air pocket? Stocks nurse losses A look at the day ahead in U.S. and global markets from Mike Dolan The worst day for the S&P500 .SPX since 2022 and mounting central bank easing bets suggest markets' serene 'soft landing' scenario is being questioned as China growth worries and U.S. election risks mount. Even though a withering swoon in megacap tech stocks this week comes in the thick of the corporate earnings season, the incoming aggregate profit growth pictu

UPDATE 2-European shares fall as earnings deluge disappoints STOXX 600 down 0.7% Universal Music Group slumps as streaming growth disappoints Kering down after weak H2 forecast Besi tumbles as Q3 outlook disappoints Unilever gains after H1 profit beat Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan July 25 (Reuters) - European shares closed lower on Thursday as a slate of downbeat earnings reports in several sectors including tech and luxury weighed, while a global run for safe haven

UPDATE 2-Kering shares tumble after weak H2 forecast Kering shares fall nearly 8% Gucci's revival challenged by global luxury market downturn Top 10 luxury groups lost 230 bln euros in market value since March Adds luxury sector value decline in paragraph 4, details on new designs and analyst comment in paragraphs 11-16 By Mimosa Spencer and Dominique Vidalon PARIS, July 25 (Reuters) - Shares in Gucci owner Kering PRTP.PA fell sharply in early trade on Thursday after the French luxury goods grou