Excluding Japan, Hermès recorded a 7% revenue growth, with a particularly strong performance in the fourth quarter, which ...
Originally a wool merchant, Loro Piana began as a textile mill, exporting high-end fabrics to Europe, Japan, and the Americas ...
Even in Asia, pulled down by a luxury market decline between 18% and 20% in China, according to Bain, Hermès scored a win with annual revenues up 10% overall, including 23% growth in Japan.
"Not very many foreigners buy Hermès in Japan, and the Chinese tend to buy in China." In recent years, Hermes' products have been touted as status symbols, with items being marketed to wealthier ...
Sales in the last three months of the year rose 18%, pushing past analyst estimates of 10% thanks to strong demand from Japan and tourists in Europe. “In 2024, in a more uncertain economic and ...
A $3.3 billion Asian equity fund is more positive on Chinese stocks than ever before, seeing growth in the country’s internet ...
The Asia region excluding Japan is Hermes' biggest market and sales there grew 9% in the fourth quarter. Asked about the impact from potential U.S. tariffs on European goods, Executive Chair Axel ...
The growth was healthy across the board with a sequential acceleration across almost all categories and regions, and especially the important Americas and APAC (ex-Japan)." UBS has a "buy" rating ...
Birkin bag maker Hermes RMS-2.47%decrease; red down pointing triangle reported higher sales for the final quarter of 2024 boosted by a strong performance in the Americas, adding to signs of a ...
Hermès employees are cashing in on the company's success. On Friday, Hermès presented its 2024 financial report that showed better-than-expected sales. (Business Insider converted the euros to ...
The double-digit growth at Hermes contrasts with LVMH's 1% rise over the last three months of the year. The Asia region excluding Japan is Hermes' biggest market and sales there grew 9% in the ...