Hermès reports positive sales momentum in Q3

After a second quarter marked by the health and economic crisis, Hermès said, sales in the third quarter increased 7 percent at constant exchange and 4 percent at current exchange rates driven by positive activity in the group’s stores, up 12 percent at constant exchange, momentum in Asia and an improvement in all other geographical areas. At the end of September 2020, the group’s consolidated revenue amounted to 4,288 million euros, down 14 percent at current and constant exchange rates.