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).
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