Hermes flags strong rebound in China, posts record margin


Source: investing.com investing.com

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© Reuters. FILE PHOTO: A detail of a purse as a model presents a creation by designer Nadege Vanhee-Cybulski as part of a Spring/Summer 2022 women's ready-to-wear collection show for fashion house Hermes during Paris Fashion Week in Paris, France, October 2, 2021. R PARIS (Reuters) -Sales at Birkin bag maker Hermes rose sharply in the second quarter, lifted by strong growth in Europe and the U.S., and rebounding strongly in China in June. Following lockdowns in China in April and May the French leather goods company, which is also known for its silk scarves with equestrian prints, said that...