The French-based luxury group posted a revenue increase in the first half of 2022, with all geographical areas recording "strong growth". Performance in Greater China bounced back in June
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros
In the third quarter of 2021, the group’s consolidated revenue totalled 2.37 billion euros driven by an upturn in sales in Europe, an acceleration in America and a sustained dynamic in Asia
The Maroquinerie de Guyenne, located in the village of Saint-Vincent-de-Paul, in the French department of Gironde, will at length create 260 jobs. The new facility is part of Hermès strategy of strengthening its role as a socially responsible company
The École Hermès des savoir-faire, now open within the leather workshop of Fitilieu, welcomes applicants from all backgrounds who aspire to develop their craftsmanship in leather work. The course is accredited by the French National Education authority
In the first quarter of 2021, the group's consolidated revenue amounted to 2.08 billion euros (44% at constant exchange rates and 38% at current exchange rates), thanks to an outstanding performance in Asia and Japan and the upturn in America
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic
For the third quarter of the current fiscal year Hermès' consolidated revenue totalled 5 012 million euros, up by 16% at current rates. Leather Goods and Saddlery up by 12%
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates