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

14 February 2025
in World
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Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales
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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.

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