Hermès Sales Surge Amid Exclusive Birkin Wave—Despite Global Luxury Slump

ToplineHermès—the coveted Birkin and Kelly bag maker—reported a 17% jump in first-quarter sales Thursday on the back of strong leather goods sales and Chinese demand, bucking the global luxury slowdown.The French luxury house posted strong quarterly sales growth across all geographic areas, including ... [+] China.© 2024 Bloomberg Finance LP Key FactsFirst-quarter revenue rose 17% from the previous year to $4.1 billion (€3.8 billion), with all geographical areas posting double-digit growth, topping FactSet’ ...