Hermès financial

Hermès: The Untouchable Giant of Luxury Fashion?

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In a luxury market that seems to be slowing, Hermès remains an exception, reporting a stellar 11.3% rise in sales to €3.7 billion in the third quarter. With other luxury giants like Kering and LVMH experiencing more modest results—down 16% and 4.4% respectively—one has to wonder: what is Hermès doing differently? And more provocatively, can … Read more

From Silk to Saddles: Hermès Lines Bring the Heat with Strong Momentum

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Hermès Sales Soar: All Lines Report Impressive Momentum. Hermès Lines Hit a Home Run: Strong Momentum Across the Board. The Hermès luxury group has released their financial report for the first quarter of 2023. In this report, they reveal that their consolidated revenue reached €3,380 million, which is an increase of 23% at constant exchange … Read more