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Hermès loses fashion sales, watches and perfumes

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 22/10/2026, 12:26:24 UTC.

Briefings

Hermes reported €12.26 million in revenue for the first nine months of 2026, a 5.5% increase driven by luxury goods. However, ready-to-wear and accessories saw a 2.1% decline, while the watch segment fell 4.4%. The company's operational margin remained stable at 41%, with Asia-Pacific underperforming at 1.6% compared to the Americas' 13.1% growth. CEO Axel Dumas confirmed a new fashion collection launching in January.

Key points

• Hermes reported €12.26 million in revenue for the first nine months of 2026, a 5.5% increase driven by luxury goods.
• The watch segment fell 4.4% in the first nine months of 2026, while luxury goods grew 10.2% year-over-year.

Context

Hermes reported revenue growth of 5.5% in the first nine months of 2026, driven by luxury goods. The company maintains a stable operational margin of 41% and plans to launch new fashion collections in January.

Limitations

Data covers only the first nine months of 2026. Asia-Pacific underperformed at 1.6% growth, while the Americas grew 13.1%. Specific regional breakdowns are limited to the first nine months.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 23/10/2026, 01:23:40 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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