Hermès Shines On Promotions With Artists On Exchange And Sales Go Up 11.3%

The French luxury company generated 3.7 billion euros ($3.99 billion) in revenue for the three months ending in September, an 11.3per cent rise at constant exchange rates, in line with an analyst consensus estimate cited by Jefferies. The sector-wide slowdown has affected labels across the high-end spectrum, but Hermes’ famously classic designs and tight management of production and stock have helped reinforce the label’s aura.