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Luxury brands report robust sales growth in Q3 2023

Hermès International (EPA: RMS)

Hermès&#**;s consolidated revenue at the group level was €**,*** million for the third quarter (Q*), ending in September, growing ** per cent and ** per cent at constant and current exchange rates, respectively. Within this, the quarter&#**;s sales amounted to €*,*** million and increased ** per cent (at constant rates) compared to Q* ****, despite a high comparison base, particularly in Asia. As for the group’s markets, Japan increased by ** per cent, Asia (excluding Japan) grew by ** per cent, France rose by ** per cent, while both the Americas and Europe (excluding France) increased by ** per cent each.