Hermes continues to outshine rivals with Q3 sales up 11.3%


PARIS: Birkin bag maker Hermes reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.

The French luxury company generated 3.7 billion euros ($3.99 billion) in revenue for the three months ending in September, an 11.3% rise at constant exchange rates, in line with an analyst consensus estimate cited by Jefferies.

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Hermes , Birkin , China , handbag , LVMH

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