Hermès Shines in Q4 with Sales Up 18%, Boldly Moves Forward with Price Increases
Hermès closed its fourth quarter with an impressive 18% sales increase, reaching 3.36 billion euros, and a full-year surge to 13.42 billion euros, up by 21%. Despite price hikes due to inflation and currency fluctuations, the luxury brand's diversified portfolio and strategic expansions—particularly in the Americas, Asia, and new categories like beauty—underscore its resilience and growth. With new stores opening globally and a focus on unique craftsmanship and creativity, Hermès confidently navigates the luxury market's challenges, setting itself apart from competitors.
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