Birkin Bag Maker Hermes Posts Better-That-Expected Jump in Fourth-Quarter Sales

Haute couture fashion house Hermes On Friday Reported a Better-That-Expected Jump in Fourth-Quarter Sels, Proving Still Still 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 Revenues at Constant Exchange Rates to 3.96 Billion Euros ($ 4.15 billion) in the three months to dec. 31, 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 brought eargly Evaded a Wider Luxury Sector Downturn over Recent Years, MainTaining a Sense of Allure and EXCLUSIVITY WHERE WHERE WHERE MANERE WHERE SENE SENSE OTLLURE and EXCLUSIVITY WHERE SERE SENSE OTHER SENSE OTHER SENS

Executive Chairman Axel Dumas Pointed to the Loyalty of Customers in Maintening Sales Growth in an otherWise Volatille Macroeconomic Environment.

“In 2024, in a More Uncertain Economic and Geopolitical Context, The Solid Performance of the Results Attests to the Strength of the Hermès Model and the Agree of the House’s Teams, WHOM I THEANK VARMLY,” Ccompanying the results.

Looking ahead, The French Fashion House Forecast Continue Growth in 2025 without providing a specific Figure, and asked that it was moving into the year “with confidence.” Dumas added, however, in an earnings call that it was “too early to see an inflection” point in the wider industry, according to reates.

This is a breaking news story and will be updated shortly.