Industry news

1. According to the Hermes Group's financial results for the first quarter of 2024, all divisions of the Group achieved strong growth in all markets. Consolidated Group revenue in the first quarter reached €3.805 billion, up 17% from the same period in the first quarter of 2023.

2. The Group achieved double-digit growth in all regions: 14% growth in Asia (excluding Japan), growth in all countries in the region, and the 34th store in China opened in Wuxi in January. Growth of 25% in Japan, the new store opened in February in Tokyo's Azabai Hills district. In the European region (excluding France), growth was 15%, and in France 14%.

3. The Fragrance and beauty segment grew 4.3%, primarily due to the launch of UnJardin a cythere eau de toilette. In addition, Hermes Beauty launched a new limited edition Rouge Hermes and nail polish in February.