Revenue of Hermes grew by 11.2% in the first half of the year

In the first half of 2018, the French fashion house Hermes increased its revenue without taking into account the change in the exchange rates by 11.2% in annual terms to 2 billion 853 million euros against the background of improved performance in all geographic regions and business areas. Sales in the leather goods segment increased by 1.5%. Realization of clothes and footwear increased by 10%, perfumes - by 14%. Revenues of Hermes in Japan decreased by 1.1%. In the Asia-Pacific region, excluding Japan, the indicator grew by 7.4%. In France, sales grew by 8.2%, in the rest of Europe – by 5.3%. Despite the growing economic, monetary and geopolitical uncertainties in the world, Hermes expects an increase in revenues in the medium term without taking into account changes in the exchange rate.

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