Hermes defies luxury slowdown with sales jump in china
By Bloomberg Published Apr 25, 2024 Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector. Hermes Theo Sion Sales at constant exchange rates jumped 17% to €3.8 billion ($4.1 billion) in the first quarter, Hermes International SCA said [...]read moreHermes defies luxury slowdown with sales jump in china