Hermès bucks luxury downturn trend with Q3 sales up 10% – TheIndustry.vogue

French luxury leather-based items and prepared-to-put on model Hermès has continued its “solid sales growth” within the third quarter of 2025, rising 10% 12 months-on-12 months “at constant exchange rates” to €3.9 billion (£3.39 billion), in a brilliant spark for the faltering luxury sector.

That signified “a slight improvement” in comparison with the second quarter, significantly in Europe, the Americas and Asia.

At the tip of September 2025, all geographical areas posted development, and the model’s unique distribution community continued to broaden.

Axel Dumas, Executive Chairman of Hermès, mentioned: “In the third quarter, Hermès is maintaining its course, thanks to solid growth that reflects the strength of our model. We remain focused on navigating uncertainties, thanks to the loyalty of our customers and the commitment of our employees.”

Sales of leather-based items and saddlery “achieved a remarkable performance”, rising 13% and in line with the trajectory for the 12 months, “supported by the strong demand on iconic products and new collections”.

The prepared-to-put on and equipment sector additionally “continued its momentum” with a 6% acceleration within the third quarter, whereas the silk and textiles sector grew by 4% supported by “bold creations, exceptional materials and the diversity of formats”.

However, fragrance and sweetness noticed a downturn of -5% “impacted by a high comparison base”, and sales of watches have been down -3% “in a still challenging environment”.

The Hermès Group has confirmed its formidable purpose for income development (at fixed change charges) within the medium time period, regardless of the financial, geopolitical and financial uncertainties around the globe.