The saddle maker on Rue du Faubourg Saint Honoré continued to grow in the first quarter of 2025, across all regions and divisions except for watchmaking. However, its pace slowed compared to 2024, which had been an exceptional year.
The Hermès horse continues its race, unperturbed, in a turbulent environment.
The leather goods maker on Rue du Faubourg Saint Honoré once again stands out for its resilience in the turbulent luxury market. And the results published on Thursday, April 17, for the first quarter of 2025 contrast with the disappointing results unveiled three days earlier by LVMH. The latter announced a 3% decline in comparable revenue.
Better than the FactSet consensus
Hermès posted 8.5% growth in published data (+7.2% at constant exchange rates) in consolidated revenue to €4.1 billion during the first three months of the year.
Discover our plans Subscribe for 1€ Become an active member of the community of luxury leaders.
To continue reading this article, subscribe or log in to your account
Read also > [STOCK MARKET UPDATE] Hermès outperforms LVMH as Europe reels from tech stock slump
Featured photo: © Hermès
