Hermès: 17% increase in Q1 sales at CER

(CercleFinance.com) - Hermès International reports sales of E3.
8bn for Q1 2024, up 17% at constant exchange rates (CER) and 13% overall, with solid business in all geographic zones.

All the luxury house's sectors recorded sales growth, starting with leather goods and saddlery (+20% CER), where demand was particularly strong and collections were enhanced by new models.

Hermès looks forward to 2024 with confidence, and confirms an ambitious medium-term sales growth target at constant exchange rates, despite economic, geopolitical and monetary uncertainties around the world.


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