30 October 2024
As in most recent results rounds from the main luxury groups, Hermès is the one to post the most positive figures for the first nine months of 2024. By Leatherbiz.
Its revenues for the nine-month period reached €11.2 billion, an increase of 11.4% year on year.
Its leathergoods and saddlery business contributed nearly €4.8 billion towards the total, growing by 14.7% compared to the January-September period last year.
Ready-to-wear and accessories, the category in which Hermès includes its footwear and glove segments, achieved revenue of nearly €3.3 billion over the period, up by 12.3%.
The group said it remained fully committed to its long-term development strategy, which it described as being “based on creativity, maintaining control over know-how and singular communication”.
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