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Hermes Sees China Sales Jump, Defying Luxury Slowdown
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April 25, 2024
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1:15Now PlayingHermes showed its resilience amid a broader slowdown in demand for the sector as Chinese buyers bought up its luxury products. Sales at constant exchange rates jumped 17% to €3.8 billion ($4.1 billion) in the first quarter, above analysts’ expectations. Caroline Connan reports on Bloomberg Television.
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