French luxury brand Hermes_Paris reported a 'remarkable' performance in Greater China.
“The performance of the third quarter reflects an atypical year, during which we continue our strategic investments and accelerate job creations,” Axel Dumas, executive chairman of Hermès, said in a statement.
The group said that despite a high comparison base in the fourth quarter, it is approaching the end of the year with “confidence.”Activity in the third quarter was sustained in Asia, up 23.4 percent at constant exchange rates thanks to the strong performance in Greater China and other countries in the region, despite new restrictions in Australia, Thailand and Malaysia, the company reported.
The key leather goods and saddlery division saw organic sales rise 22.2 percent during the period, driven by sustained demand and significant deliveries during the quarter. Hermèsin September, and several other production sites are in the works.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
HBO Max Names Canal+ Executive Head of French OriginalsVera Pelekian, who has worked on local-language hits 'Spiral' and 'The Returned,' will head up French original programming for the WarnerMedia streaming service.
Lire la suite »
Use French Fried Onions on EverythingWhy limit this Thanksgiving staple to just Thanksgiving?
Lire la suite »
Les Mains Hermès Is Here! The Definitive Name in Luxury Launches the Definitive Line of Nail PolishThe collection of 24 lacquers, as well as care products and accessories, is raising the bar for manicures and pedicures.
Lire la suite »
SAP's cloud revenue jumps 20% as European software giant ramps up rivalry with SalesforceSAP's third-quarter cloud revenue totalled $2.8 billion, up 20% from the same period a year ago.
Lire la suite »
'Probability is strong' human remains are Brian Laundrie, family lawyer saysBrian Laundrie was reported missing just days before the body of his girlfriend Gabby Petito was found in Wyoming.
Lire la suite »
Barclays Q3 profit doubles amid global deal frenzyBarclays reported a doubling of third quarter profits, beating market expectations, as it followed Wall Street rivals in reaping bumper investment banking fees from a surge in advisory mandates and equities trading.
Lire la suite »