Hermès Continues to Increase Handbag Production Amid Rising Demand

Hermès Continues to Increase Handbag Production Amid Rising Demand

Sales of leather goods were up 10 percent in Q1 despite starting the year with low stock levels. The brand will open four new factories over the next four years.

Growth stalls for Hermes in China while supply chain rumors spread

Hermes kicked off 2025 with steady gains on the books, but the sheen dulls when you zoom in—especially in Asia. The French luxury house logged a 9% year-on-year increase in first-quarter revenue, totaling EUR 4.13 billion (USD 4.4 billion). Yet beneath those topline numbers, its largest market by potential—Greater China—continues to sputter. Revenue in Asia excluding Japan grew just 1.2% to EUR 1.97 billion (USD 2.1 billion), marking a sharp slo…

Hermes achieves 9% revenue increase in Q1 2025

Hermes has reported a consolidated revenue of €4.13bn ($4.70bn) in the Q1 of 2025 (FY25), marking a 9% rise at current exchange rates and a 7% increase at constant exchange rates compared to the same period in the previous year.The post Hermes achieves 9% revenue increase in Q1 2025 appeared first on Retail Insight Network.