Hermes results

Loyalty of Luxury Clients and Rebound in Travel Retail Propel Hermès to Exceptional Growth – What Is Selling Better?

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Outstanding performance in sales and results in the first half of 2023. Leather Goods and Saddlery Business Line Outperforms. Hermès group continues the year 2023 with confidence, thanks to the highly integrated artisanal model, the balanced distribution network, the creativity of collections and the loyalty of clients. In the medium-term, despite the economic, geopolitical and … Read more

Booming luxury markets helped Hermes to report record profits

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Hermes luxury handbags and silk scarves were sold in 2011 like hotcakes. Hermes reported a record year in 2011 with a 40.9-percent rise in net profit which helped push up its shares 3.01 percent in early trading, informs AFP. Hermes reported record sales, and a net result of 594.3 million euros ($787 million). The luxury … Read more