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Hermès Net Sales Up 31% in Q3

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Hermès reported double-digit third-quarter growth in all geographies. In a Nutshell: The French fashion house continued to grow through store openings and extensions, while online sales rose worldwide. In contrast, limp travel retail crimped the wholesale business, it said. Sales in the quarter saw “remarkable performance in Greater China and in other countries in Asia,”…

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