Hermes falls in a still 'difficult' market

** Shares in Hermes RMS fall nearly 4% to the bottom of France's blue-chip index CAC 40 PX1 as the French luxury group's mid-year results saw smaller fashion, silk divisions growth slowed, perfume and beauty sales declined

** Quarterly revenue was up 9% at 3.91 billion euros ($4.52 billion), slightly below Visible Alpha consensus of 10%

** Organic growth in the second quarter met consensus, with leather goods continuing to lead, Bernstein analyst Luca Solca says

** "This is a sign the market is staying difficult", the broker adds

** Shares are on track for their worst day since early April

($1 = 0.8656 euros)