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Hermès expects no slowdown in the United States, as sales increase by 23%
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Hermès expects no slowdown in the United States, as sales increase by 23%

admin1April 14, 2023April 14, 202305 mins

Hermès sales increased by 23% in the first quarter, above market expectations, as wealthy buyers in China and Europe splurged on luxury fashion and accessories despite higher prices and global financial upheaval. In early trade, shares were up 1%. Hermès finance head Eric du Halgouet told journalists that store traffic in the United States, where…

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