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Aug. 19, 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. Tariffs and their effect on luxury goods: Even the ‘de minimis‘ exemption is no more
  2. Kering regenerates 2.74M acres of land through sustainability fund
  3. Patrón, Boiler Room embrace live music
  4. Soho House announces plan to go private
  5. AI in luxury hospitality: Keeping five-star service human
  6. Genesis rolls out lifestyle goods collection stateside
  7. Bentley gains new EMEA comms leader
  8. BMW Championship ace prompts $125K scholarship gift
  9. Off the Cuff: A Q&A with Saks Fifth Avenue and Neiman Marcus' Paolo Riva
  10. I⁠nterContinental New York Barclay receives historic hotel designation
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