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International Business Times
International Business Times
Business

UNCOVERED: Hermes defies us tariffs as sales grow | History Defined

Hermes United States Luxury European Union
Hermes has outperformed its rivals as the luxury sector has faced a tough patch (Credit: AFP)

Sales by French luxury group Hermes, known for its silk scarves and leather handbags, defied US tariffs and a weak dollar to rise in the third quarter.

The company which makes the iconic Birkin bag, said sales growth in the United States accelerated slightly in the third quarter by 7.2 percent to 714 million euros ($829 million).

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