Hermes International

1. Economic Risk: Currency exchange rate fluctuations, disruption of the global economy, and changes in national or regional government regulations can affect the ability of Hermes International to effectively manage its various business operations.

2. Political Risk: Political instability, political intervention, and changes in government policies or laws can have a significant impact on Hermes International's profitability and business activities.

3. Regulatory Risk: Changes in various laws and regulations can affect the way in which Hermes International operates, which can have an effect on its profitability and competitive advantage.

4. Social Risk: Factor such as shifts in social trends, demographic changes, and shifts in consumer preferences can affect the demand for Hermes International's products, impacting sales and profits.

5. Competitive Risk: The fashion industry is highly competitive in nature, and any changes in competitive pressure can affect Hermes International's market share and profitability.

6. Operational Risk: Failure to maintain quality operations and production processes, disruption of manufacturing and distribution processes, and insufficient data security measures can all impact Hermes International's profitability.