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
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
Christophe
Lemaire, the artistic director of Hermès, has just announced he will be leaving the French fashion house after four years. Now, all eyes are on who will take over next
Luxury brands have continued to enjoy strong sales despite world economic concerns. French luxury group Hermes said to AFP it posted record sales of 2.8 billion euros in 2011, highlighting the resilience of luxury brands in the face of the weakening global economy. French luxury goods giant LVMH said last week it had enjoyed a … Read more