Luxury
Hermès bags support from super-wealthy despite China slowdown
The French firm is outflanking rivals LVMH, Kering, and Burberry as demand for handbags remains strong. Design house Hermès has reported resilient sales figures despite a wider slowdown in the luxury market. The Paris-based group, known for its celebrated Birkin bag and silk scarves, generated €3.7bn in revenue for the…
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