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Hermes Posts Sales Growth Across All Markets -- 2nd Update

By Andrea Figueras Birkin bag maker Hermes sales grew across its regions in the first three months of the year, helped by its wealthier clients during a quarter that was expected to be. -April 25, 2024 at 09:41 am EDT - MarketScreener

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Hermès Sales Surge 17% On Strong Chinese Demand, Defying Global Luxury Slowdown

The French luxury house posted strong quarterly sales growth across all geographic areas, including China.

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Hermès International (RMS) Q1 Earnings 2024: Sales Were Up 17%, Bucking Luxury Slowdown

Hermès International (RMS) Q1 2024 earnings are in: Sales gained 17%, with jewelry and home growing fastest in the quarter. It remains confident in China and U.S.

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Balenciaga Opens New Tokyo Flagship Boutique in Ginza

Balenciaga's new Tokyo flagship in Ginza's Toraya building is being marked with an exhibition of vintage couture dresses, and logo Japanese sweets.

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Kering shares drop after Gucci slump prompts profit warning

The stock slid as much as 8.9% in early Paris trading to the lowest since 2018. Kering’s 20% share slump this year contrasts with gains by French rivals LVMH and Hermes International.

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