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Strong handbag sales drive Hermès growth

22/07/2016
Strong handbag sales drive Hermès growth

Luxury leathergoods group Hermès reported better-than-expected sales in the second quarter of 2016, led by demand for Birkin and Kelly handbags. Sales increased 8.1% on a currency-neutral basis to €1.25 billion ($1.4 billion). Hermès CEO Axel Dumas said the quarterly results “prove the desirability” of the brand’s products. Leathergoods performed ...

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