Hermès: constant rates and interesting revenues for the luxury brand

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The results announced by Hermès on the morning of 8 February, with fourth-quarter revenues up 9.6% at constant rates, are yet another reassurance for luxury sector investors that Asia, China in particular, they are not slowing down.

Hermès

Sales of the French fashion house grew by 13% in Asia (excluding Japan) and the CEO, Axel Dumas, sees no change in pace in Chinese stores. The relative results within the year will be announced only next March 20.

Hermès

The share in Paris has grown up to 1.7% and many other luxury items are rising: Moncler (+ 1.7% in Milan), Burberry (+ 1.3% in London) and LVMH (+ 0,9% in Paris).

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