Hermès: 9m sales up 54%
(CercleFinance.com) - Hermès International has posted sales of 6.
6 billion euros to end-September 2021, up 57% at constant exchange rates and 54% at current exchange rates: over two years, growth reached +35%.
Q3 sales came in at 2.37 billion euros, up 31% at constant exchange rates (+40% over two years), with a recovery in sales in Europe and an acceleration in the Americas, while Asia continued with a good momentum.
Given gradually improving health conditions, the luxury brand continued to invest and ramped up its recruitment. Despite a high comparison basis in Q4, it is confident regarding the end of the year.
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6 billion euros to end-September 2021, up 57% at constant exchange rates and 54% at current exchange rates: over two years, growth reached +35%.
Q3 sales came in at 2.37 billion euros, up 31% at constant exchange rates (+40% over two years), with a recovery in sales in Europe and an acceleration in the Americas, while Asia continued with a good momentum.
Given gradually improving health conditions, the luxury brand continued to invest and ramped up its recruitment. Despite a high comparison basis in Q4, it is confident regarding the end of the year.
Copyright (c) 2021 CercleFinance.com. All rights reserved.