Overview
- Revenue rose 5% in the third quarter to €3.9 billion and 6.3% to €11.9 billion over nine months, or 10% excluding adverse currency effects.
- Growth strengthened across regions in the quarter, with the Americas up 7.2% to €714 million, Europe up 8.3% and France up 10.4%.
- Leather goods remained the key driver, supported by sustained demand for Birkin and Kelly bags alongside new collections.
- Capital spending in 2025 exceeds €1 billion, including a 25th leather workshop opened in Charente and three more planned in France over the next three years.
- Grace Wales Bonner will succeed Véronique Nichanian, with Nichanian presenting her final collection in January and Wales Bonner’s first Hermès show scheduled for January 2027; the couture project is in preparation with no debut expected before 2027.