Luxury Daily
The authority in luxury news.
Dec. 5, 2025
  1. Ralph Lauren, Team USA reveal 2026 Winter Olympic uniforms
  2. Alexander McQueen tests new creative signatures in spring/summer 2026 preview
  3. Guerlain Spa to launch aboard Orient Express Sailing Yacht
  4. Off the Cuff: A Q&A with The 1916 Company's John Shmerler
  5. Presenting bespoke models, Bentley tributes ‘Dutch Masters’
  6. Estée Lauder Cos., Jo Malone launch AI scent advisor
  7. France welcomes first Case Loewe location
  8. Luxury Unfiltered: The one question most luxury CEOs cannot answer
  9. Follow @LuxuryDaily for the latest in luxury news
  10. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

Hermès Q1 sales down 6.5pc to $1.62B over COVID-19 measures globally

April 24, 2020

Hermès' recently reopened its store in the Swiss-Italian town of Lugano. Switzerland now is under lockdown as part of COVID-19 prevention measures. Image credit: Hermès Hermès' recently reopened its store in the Swiss-Italian town of Lugano. Switzerland now is under lockdown as part of COVID-19 prevention measures. Image credit: Hermès

 

By Luxury Daily News Service

French luxury conglomerate Hermès, hit by COVID-19 lockdowns worldwide, posted revenue first-quarter revenue of $1.62 billion, a 6.5 percent decrease at current exchange rates and a 7.7 percent drop at constant exchange rates.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Ralph Lauren, Team USA reveal 2026 Winter Olympic uniforms
  2. Alexander McQueen tests new creative signatures in spring/summer 2026 preview
  3. Guerlain Spa to launch aboard Orient Express Sailing Yacht
  4. Off the Cuff: A Q&A with The 1916 Company's John Shmerler
  5. Presenting bespoke models, Bentley tributes ‘Dutch Masters’
  6. Estée Lauder Cos., Jo Malone launch AI scent advisor
  7. France welcomes first Case Loewe location
  8. Luxury Unfiltered: The one question most luxury CEOs cannot answer
  9. Follow @LuxuryDaily for the latest in luxury news
  10. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
VIDEOS
More Videos

MORE IN Retail
RH opens Detroit showroom
France welcomes first Case Loewe location
Fendi reveals holiday window displays
Vhernier enters Asia with new store concept
Deloitte sees BFCM shopper turnout climb, Gen Z drives momentum
Selfridges lights up Oxford Street with interactive windows



RECENT ARTICLES
RH opens Detroit showroom
Versace announces exit of Dario Vitale as creative director
Alexander McQueen tests new creative signatures in spring/summer 2026 preview

Off the Cuff: A Q&A with The 1916 Company’s John Shmerler
Presenting bespoke models, Bentley tributes ‘Dutch Masters’
France welcomes first Case Loewe location