Hermès is unbeatable: handbags and shoes take off

Hermès is unbeatable: handbags and shoes take off

Hermès is unbeatable and after the prolonged success with handbags, it’s also becoming a leader in the footwear segment (for which the brand manufactures, mostly, in Italy). Revenue went up 23% in the first quarter of 2023 (much higher than the consensus), with the prêt-à-porter and accessories division (which includes shoes), growing 34%. Leather goods,…

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