Luxury Goods

Hermes FY23 profits hit €4.3bn

The news comes as, in Q4, sales hit €3.3m (£2.8m), an increase of 18% despite the ‘particularly’ high comparison base in America and Asia

Luxury fashion group Hermes has reported that net profits hit €4.3bn (£3.6bn) during 2023, an increase of 28% compared with the previous year, as sales rose 16% to €13.4bn (£11.4bn).

Check out our free weekly podcast

Back to top button