Hermès reports €15.2B revenue for 2024, up 15%. Strong demand boosts results, but overpriced stock suggests caution.
Watch Hermes Men’s RTW Autumn Winter 2025 show, streaming live on Saturday, 25th January 2025 at 5.00pm Paris time / 12.00am Malaysia time.
I maintain a 'Hold' rating on Hermes due to the high valuation and the unpredictable nature of multiple expansion and ...
Hermès’s executive chairman believes “it’s not the success of Hermès, but the world came to us,” he said during an earnings ...
Hermès overcame luxury market headwinds to achieve 15% year-over-year growth in 2024 with all geographic markets up, even ...
The company reported a record-breaking consolidated revenue of €15.2 billion, marking a significant 15% increase compared to the previous year. This exceptional performance, driven by robust global ...
After end of year results well above analyst predictions, the Paris-based luxury goods group continued to outperform rivals ...
Hermès continues to assert its leadership position in the luxury industry with impressive 2024 annual results. In an ...
CEO Axel Dumas addressed the "Wirkin" and dupe culture. Sales were up across the board, with leather goods and ready-to-wear ...
For the full year, Hermès sales were up 15 per cent to €15.2 billion. Hermès’s outperformance sent the stock up 8.4 per cent ...