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Hermès leans on leathergoods in third quarter

03/11/2016

Luxury brand Hermès reported a 10% increase in sales during the third quarter of 2016, led by a strong showing from its leathergoods division after the decision to increase production of handbags. Revenue for the three months to September 30 was $1.4 billion. For the first nine months of the year, total sales were $4.1 billion, a 7% increase...

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