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Hermès hits €200B valuation on surging sales thanks to China’s ultra-rich

Between strong first-quarter sales, a renovated Beijing store, and a soaring market capitalization, Hermès has a lot to celebrate this year so far. Image credit: Hermès Between strong first-quarter sales, a renovated Beijing store, and a soaring market capitalization, Hermès has a lot to celebrate this year so far. Image credit: Hermès

 

By Julienna Law