Hermes sales jump 17.5% as demand for expensive goods persists ...Middle East

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Hermes sales jump 17.5% as demand for expensive goods persists
Sales at Birkin bag maker Hermes rose 17.5% in the fourth quarter of 2023, showing the resilience of high end shoppers despite economic headwinds. Sales for the three months to the end of September totalled 3.36 billion euros ($3.62 billion), up 17.5% at constant foreign exchange rates. That was ahead of expectations for 14% growth, according to Visible Alpha consensus estimates.

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