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Hermès again bucks luxury slowdown trend with double-digit revenue growth

Summary by fashiondive.com
The luxury brand said that if proposed tariffs from the U.S. cause prices to rise, its American customers “will understand and remain loyal.”

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fashiondive.comfashiondive.com

Hermès again bucks luxury slowdown trend with double-digit revenue growth

The luxury brand said that if proposed tariffs from the U.S. cause prices to rise, its American customers “will understand and remain loyal.”

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fashionabcfashionabc

Hermès International Posts €15.2 Billion Consolidated Revenue For 2024

French luxury group Hermès International consolidated revenue amounts to €15.2 billion in 2024, up by 15% at constant exchange rates and by 13% at current exchange rates compared to 2023.  Hermès International Posts €15.2 Billion Consolidated Revenue For 2024 In the fourth quarter ending 31 December 2024, sales reached €4 billion, increasing by 18% at constant exchange rates and current exchange rates. All the geographical areas confirmed solid …

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retailnews.asiaretailnews.asia

Hermes achieves double-digit sales growth in fourth quarter

read the original version on: www.retailnews.asia Hermes has posted double-digit sales growth for the fourth quarter and the full fiscal year, which management described as a solid performance in an “uncertain” environment. The company’s revenue surged 18 percent to €4 billion (US$4.2 billion), both on a reported and constant currency basis, during the quarter ended December 31. This extended the 11.4 […] The post Hermes achieves double-digit sa…

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retailnews.asia broke the news in on Wednesday, February 19, 2025.
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