French retailer Hermes' sales up 10% to $4.54 billion in Q3 FY25

The group’s consolidated revenue amounted to €11.9 billion (~$13.85 billion) at the end of September 2025, up 9 per cent at constant exchange rates and 6 per cent at current exchange rates compared to the same period in 2024.

“In the third quarter, Hermès is maintaining its course, thanks to solid growth that reflects the strength of our model. We remain focused on navigating uncertainties, thanks to the loyalty of our customers and the commitment of our employees,” Axel Dumas, executive chairman of Hermes, said.

Asia (excluding Japan) grew by 4 per cent, with strong results across all countries, especially in Greater China. Growth was supported by loyal local clients and an improved store network. The renovated and expanded store at the Central Embassy mall in Bangkok reopened in January, followed by the Taichung store in Taiwan at the end of March. In June, the renovated and expanded Four Seasons store in Macao reopened its doors, followed by the Galleria mall store in Seoul in August. Japan rose 15 per cent, maintaining strong growth thanks to loyal local customers.

The Americas grew 13 per cent, led by the United States. Europe (excluding France) increased 12 per cent, showing solid growth in all markets. France grew 9 per cent, supported by steady store activity.

By the end of September, Ready-to-Wear and Accessories were up 6 per cent, with faster growth in the third quarter. The men’s spring-summer 2026 runway show, held at the Palais d’Iéna in June, was very well received, followed in September by the presentation of the autumn-winter 2025 collection in Hong Kong. The women’s spring-summer 2026 collection was successfully unveiled in early October at the Garde Républicaine. The Silk and Textiles sector were up 4 per cent, supported by bold creations, exceptional materials and the diversity of formats.

In the medium-term, despite the economic, geopolitical and monetary uncertainties around the world, the group confirms an ambitious goal for revenue growth at constant exchange rates. In a more uncertain economic and geopolitical context, the group continues its development with confidence, thanks to the highly integrated artisanal model, the balanced distribution network, the creativity of collections and the loyalty of clients, the company said in a press release.

ALCHEMPro News Desk (RR)