Hermès, revenues up 5% to 3.88 billion and 2025 targets confirmed

All geographical areas experienced a positive trend during the period, supported by the expansion of the group's exclusive distribution network. In detail, Asia (excluding Japan), which is under special surveillance for the sector in anticipation of a consistent recovery in consumption, recorded 4% progress. "Growth continued in all markets in the area, with particular dynamism in Greater China. The quarter benefited from the brand value strategy, the loyalty of local customers and the qualitative strengthening of the network. Among the most significant reopenings: Central Embassy in Bangkok (January), Taichung in Taiwan (March), Four Seasons in Macao (June) and Galleria Mall in Seoul (August)," reads the group's note. Japan continued to do better and recorded +15%, thanks to the strong loyalty of local customers.

Double-digit growth also in the Americas with +13%: "The area confirmed its momentum, with a slight acceleration in the third quarter, driven in particular by the United States," commented Hermès. Among the new openings: Scottsdale (Arizona) in September and Nashville (Tennessee) in October. In Mexico City, the Molière flagship store reopened at the beginning of October after expansion and renovation work.

On the same wavelength, Europe (excluding France) also moved with an increase in revenue of 12%, while France posted +9%, thanks to sustained activity throughout the retail network. The Florence shop, which reopened in February after renovation, was a highlight.

Finally, the other areas, mainly represented by the Middle East, saw a 15% increase in sales. "The area continued to show good momentum, confirming the growth trend.

Particularly strong performance for leather goods and saddlery, and a clear acceleration for ready-to-wear and accessories, as well as silk and textiles.

Nel dettaglio Pelletteria e Selleria ha visto una crescita del 13%: «Il cuore storico del gruppo ha registrato una performance eccezionale, in linea con la traiettoria dell’anno, sostenuta dalla forte domanda per i prodotti iconici e le nuove collezioni. I modelli ispirati all’equitazione come Tablier Sellier e Besace Trotting, insieme al ritorno dell’iconica Plume, hanno riscosso grande successo» si legge nella nota. Prosegue anche l’aumento delle capacità produttive: a settembre è stato inaugurato il ventiquattresimo atelier di pelletteria a L’Isle-d’Espagnac (Charente). In programma l’apertura di altri tre laboratori entro il 2028: Loupes (Gironda) nel 2026, Charleville-Mézières (Ardenne) nel 2027 e Colombelles (Calvados) nel 2028, rafforzando i dieci poli di eccellenza artigianale presenti in Francia.

For Prêt-à-porter and Accessories, the increase compared to the same period last year was 6%. The sector in particular showed an acceleration in the third quarter. "The men's spring-summer 2026 fashion show, held in June at the Palais d'Iéna, was very well received, followed in September by the presentation of the autumn-winter 2025 collection in Hong Kong. The women's spring-summer 2026 collection was successfully unveiled in October at the Garde Républicaine.

For theSilk and Fabrics division, growth was 4%, while Perfumes and Cosmetics saw a 5% drop. "Down due to an unfavourable comparison effect after the launch of the Barénia perfume in 2024. However, the line was enriched in 2025 by two new Eaux de Parfum Intenses: Terre d'Hermès at the beginning of the year and Barénia in the second half." TheWatchmaking division also saw a negative trend with -3%, while other Hermès sectors (Jewellery, Art de Vivre) saw sales increase by 11%.