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Hermes ties up higher sales

Luxury goods maker Hermes said Wednesday that it booked further sales growth in the third quarter, driven by higher demand in all divisions and across all regions. Hermes said revenues were up by 6.4 percent at 1.337 billion euros (1.5 billion US dollars ) in the period from July to September, beating analysts' expectations. Adjusted for...

Business

Hermes bags record sales in 2016

Luxury goods maker Hermes said Wednesday it booked record sales in 2016, thanks to strong demand in all regions, and Japan in particular. Hermes' revenues rose by 7.5 percent to 5.2 billion euros (6.0 billion dollars) last year, the first time the group has passed the five-billion-euro mark. "Once again, we outperformed the sector, we broke...