Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales

Hermes, the luxury fashion house, reported a 17.6% increase in fourth-quarter sales, surpassing analyst expectations, with revenues reaching 3.96 billion euros. Full-year sales rose by 14.7% to 15.2 billion euros, with shares increasing by 4.19% in early trading. Despite a challenging luxury market, Hermes maintained strong demand for its exclusive products, with CEO Axel Dumas expressing confidence in continued revenue growth for 2025.

Full Article