quarterly revenue

Hermès nine-month revenue up 2.9% as leather goods offsets regional softness

Hermès reported a 5.5% rise in third-quarter revenue to €4.096 billion, lifting nine-month sales to €12.26 billion, up 2.9%, as leather goods demand in the Americas, Europe and Japan offset weakness in the Middle East, watches and ready-to-wear. Shares nevertheless fell 8.1% to €1,247.50 in Paris.