French luxury goods brand Hermés has reported quarterly sales that beat expectations, led by growth in the Americas and Asia, and has raised its full-year targets.

Revenue may rise between 15% and 16% at constant rates of exchange, the Paris-based company said in a statement. In August the company predicted an increase of as much as 14% on the same basis for the period. The new target is contingent on the ability to meet higher demand during the year-end holiday season, the company said.

Share this story: