In the Asia-Pacific market, revenue saw a remarkable 13% year-on-year growth, outperforming all other markets.

Thanks to double-digit sales growth in Southeast Asia & the Pacific region and the Chinese market, the Asia-Pacific market saw a 21% increase in third-quarter sales at constant exchange rates.

In the Chinese market, deliveries for the first nine months increased by 1.7% year-on-year, reaching 603,900 units.

The expected completion date for Xi’an Taikoo Li has been adjusted from late 2025 to 2026.

The overall growth of the high-end beauty business in mainland China has slowed down, as evidenced by the current pre-sale stage data for the Double Eleven shopping festival.

Since the pandemic restrictions were lifted in Greater China last year, development activities have steadily improved, and this quarter has witnessed the highest number of newly signed projects since 2021.

The increase in Proya’s average selling price has driven the gross profit margin to achieve a historic high.

Hermès is often regarded as a “luxury trendsetter,” and the information shared by its executives holds significant reference value for understanding the ever-evolving luxury industry.

The strong growth of 28.0% in the Chinese market is driving overall growth in the Asia-Pacific region, which has seen a 9.2% increase.

Duplaix also acknowledged that the performance of the Chinese market has not actually reached the levels predicted earlier this year.