Asia drives Hermès global sales

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20 March 2018 à 12h29

Updated on 10 May 2019 à 17h13

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1 minute

Publication: 20 March 2018 à 12h29, Updated on 10 May 2019 à 17h13

Reading time: 1 minute

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Publication

20 March 2018 à 12h29

Updated on 10 May 2019 à 17h13

Reading time

1 minute

Publication: 20 March 2018 à 12h29, Updated on 10 May 2019 à 17h13

Reading time: 1 minute

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According to preliminary results, the luxury retailer Hermès posted revenue of €5.5 billion in 2017 (+9%) at constant exchange rates, pushed by a strong business boost from Asia. Asia (excluding Japan) posted sales up by 11% with a positive outlook in Mainland China and South Asia and an improving context in Hong Kong and Macau. Despite high sales for 2016 in Japan, Hermès managed to increase revenue in the archipelago by 4% in 2017. The group revamped 20 stores worldwide (the Sogo F

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