Hermès

Hermès appears to be more resilient to the coronavirus crisis than many of its competitors: sales declined by "only" 7.7 % on a comparable basis in the first quarter, and sales in China are now expected to pick up again.

French luxury brand Hermès has reached a turnover growth of almost 10 % in the third quarter of its fiscal year, mainly thanks to the United States and Asia. China is doing particularly well: the trade war between Washington and Beijing seems not to affect the French at all.

French luxury brand Hermès managed to set a new turnover record in 2016: compared to the year before, its turnover grew 7.5 % to 5.2 billion euro, thanks to growth in every single market.

French luxury brand Hermès acquired a minority stake in shoe and accessory brand, Pierre Hardy, in an attempt to strengthen the bonds with its founder Pierre Hardy.

French luxury goods producer Hermès has managed a record 4.8 billion euro turnover in 2015, up from 4.1 billion euro in 2014. Net profit reached 973 million euro.