Diamond Member Pelican Press 0 Posted February 14, 2025 Diamond Member Share Posted February 14, 2025 This is the hidden content, please Sign In or Sign Up Hermes (RMS-FR) earnings Q4 2024 A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury market. The maker of the Birkin handbag posted a 17.6% rise in fourth-quarter revenues at constant exchange rates to 3.96 billion euros ($4.15 billion), outpacing the 3.69 billion euros forecast by LSEG analysts. Full-year sales rose 14.7% at constant exchange rates to 15.2 billion euros versus an anticipated 14.94 billion euros. Hermes has largely evaded a wider luxury sector downturn over recent years, maintaining a sense of allure and exclusivity where other brands have faced pushback amid higher costs and limited innovation. This is a breaking news story and will be updated shortly. This is the hidden content, please Sign In or Sign Up #Hermes #RMSFR #earnings This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/217497-hermes-rms-fr-earnings-q4-2024/ Share on other sites More sharing options...
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