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March 15, 2025
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Commerce

Beating luxury dry spell, Hermès brings in $14.5B in 2023

February 9, 2024

In 2023, sales in Europe hit 3.1 billion euros, or $3.3 billion at current exchange. Image credit: Hermès Even with price hikes of roughly 7 percent implemented everywhere but America, growth increased across all regions. Image credit: Hermès

 

By Luxury Daily News Service

Financial growth continues at French fashion and leather goods house Hermès.

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  1. LVMH watch division head Frédéric Arnault appointed CEO of Loro Piana
  2. The future of successful luxury brand collaborations
  3. Donatella Versace steps away from creative director role at Versace
  4. Boucheron launches Serpent Bohème Vintage collection
  5. BMW of North America renews BNP Paribas Open partnership
  6. ‘It's Always Burberry Weather: London in Love’ celebrates city romances
  7. America now home to nearly 40pc of world's wealthy: Knight Frank
  8. YSL Beauty flags signs of intimate partner violence in new short film
  9. Rue La La makes private sale shopping accessible on Android devices
  10. Four Seasons partners with Giorgio Armani to launch global tennis tournament series
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