This also marks the first time Hermès’ annual revenue has exceeded EUR 16 billion, with a compound annual growth rate of 12.7% over the past decade.
“The more brands there are, the greater people’s appetite becomes, and at some point that appetite will be valuable for Hermès.”
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Hermès, “We will also be opening another store in China. This is a market where we are investing heavily.”
All Asian countries continued to show growth, particularly in Greater China.
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