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, ...

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 ...

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 ...