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“Remarkable” growth in leathergoods sales at Hermès

09/02/2017

Luxury brand Hermès reported a 7.5% increase in sales during 2016. Revenue for the 12 months came in at €5.2 billion.  The growth was driven by the brand’s leathergoods and saddlery division, which it describes as the “mainstay of the group”. This segment saw a 14% increase in sales compared to 2015. Hermès attributed this “remarkable” growth to...

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