Hermès published another outstanding quarter despite the macro volatility around the world. All regions posted better-than-expected performances with, in particular, Asia Pacific posting consensus-smashing growth, mainly driven by the strong recovery in mainland China.
The group’s CFO confirmed that there have been no signs of a slowdown in any of its markets so far.
Hermès is considering increasing its prices by 5%-10% in January 2023.
20 Oct 2022
Strong rebound in China
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Strong rebound in China
- Published:
20 Oct 2022 -
Author:
Jie Zhang -
Pages:
4 -
Hermès published another outstanding quarter despite the macro volatility around the world. All regions posted better-than-expected performances with, in particular, Asia Pacific posting consensus-smashing growth, mainly driven by the strong recovery in mainland China.
The group’s CFO confirmed that there have been no signs of a slowdown in any of its markets so far.
Hermès is considering increasing its prices by 5%-10% in January 2023.