Hermes flags strong rebound in China as second quarter sales rise 19.5%

2022.07.29 09:33

FILE PHOTO: A detail of a purse as a model presents a creation by designer Nadege Vanhee-Cybulski as part of a Spring/Summer 2022 women’s ready-to-wear collection show for fashion house Hermes during Paris Fashion Week in Paris, France, October 2, 2021. R

PARIS (Reuters) – Sales at Birkin bag maker Hermes rose sharply in the second quarter, lifted by strong growth in Europe and the U.S., and rebounding strongly in China in June.

Sales in the three months to June came to 2.7 billion euros ($2.76 billion), a 19.5% rise at constant exchange rates, which strips out currency fluctuations.

($1 = 0.9793 euros)

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