Hermès reports €15.2B revenue for 2024, up 15%. Strong demand boosts results, but overpriced stock suggests caution.

French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite from wealthy consumers for its most expensive items including Birkin bags, ...

PARIS — Hermès International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant exchange in the fourth ... particularly the popularity of a Walmart bag similar ...

FILE PHOTO: A model presents a bag creation by designer Veronique Nichanian as part of her Men's Winter 2024 collection at the runway show for fashion house Hermes during Men's Fashion Week in Paris, ...

I can’t even say the number without feeling shame or guilt. But if you asked me two years ago, I would have proudly said how ...

Hermès reported a 15% increase in 2024 revenues to €15.2 billion ($15.9 billion) in constant currency ... Asia—the appetite for lavish Hermès bags and accessories remained strong.

Birkin bag maker Hermes RMS0.85%increase ... for the fourth quarter, up nearly 18% at constant exchange rates compared with the prior-year period.

Full-year sales rose 14.7% at constant exchange rates to 15.2 billion euros versus an anticipated 14.94 billion euros. Haute couture fashion house Hermes on Friday reported a better-than-expected ...