Companies

Hermès posts solid nine-month performance

Oct 24, 2025 France

The France-based luxury group posted a solid performance in the first nine months of the year, driven by sustained momentum in the third quarter, particularly in Europe, the Americas and Asia

“In the third quarter, Hermès is maintaining its course, thanks to solid growth that reflects the strength of our model. We remain focused on navigating uncertainties, thanks to the loyalty of our customers and the commitment of our employees”, commented Axel Dumas, Executive Chairman of Hermès.

In the three months to the 30^th of September, the company’s sales totalled 3.9 billion euros, reflecting a 10% increase at constant exchange rates, as compared to the same period in 2024. This was also a slight improvement on the second quarter, particularly in Europe, the Americas, and Asia.

Overall, Hermès’ revenue reached 11.9 billion euros in the first nine months of the year, which reflects an increase of 9% at constant exchange rates and 6% at current exchange rates, on a comparable basis to the same period of the previous year.

Geographic Sales Breakdown

(current exchange rates)

On a comparable basis to the first nine months of 2024, Japan led the way with growth of 15%, followed by the Americas with 13% – particularly due to accelerated growth in the US – and Europe (excluding France) with 12%.

France itself saw a 9% year-on-year increase, while the rest of Asia grew by 4% year-on-year, boosted by store renovations and expansions in Bangkok, Taiwan, Macao, and Seoul.

Hermès also noted that the Other Area, which mainly covers the Middle East, maintained its momentum by achieving 15% year-on-year growth over nine months.

Sector Breakdown

(current exchange rates)

In the first nine months of the year, the Leather Goods and Saddlery sector performed particularly well, achieving 13% growth, as compared to the same period in 2024. This was driven by strong demand for iconic products and new collections.

The Ready-to-wear and Accessories and Silk and Textiles sectors accelerated in the third quarter, contributing to modest increases of 6% and 4%, respectively, over the first nine months, on a comparable basis to a similar period of the previous year.

Meanwhile, the Other Hermès sectors, including Jewellery and Home, performed strongly with a year-on-year growth of 11%. However, Perfume and Beauty and Watches experienced slight declines of 5% and 3% respectively, which was attributed market challenges.

Image Credits: purseblog.com

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