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B2B Журнал
30.07.2024 | Милена Мисоченко

Hermès: growth against the trends

Hermès continues to strengthen its position in the luxury goods market, while many brands such as Gucci and Burberry have experienced a drop in sales. In the second quarter of 2024, the company demonstrated an impressive sales growth of 13%, despite the difficult economic situation. The brand has achieved particular success in Europe and Japan, where demand for its products continues to grow.

Hermès' success is due to several factors: a strong brand, high quality products, an effective marketing strategy and the ability to adapt to changing consumer needs. The company is actively investing in the development of its production facilities, retail network and online sales.

Analysts attribute the success of Hermès to the fact that buyers increasingly appreciate durable and high-quality items that can be passed down from generation to generation. Hermès products meet these requirements, which makes them attractive to wealthy consumers.

Hermès' results show that even in conditions of economic instability, consumers are willing to pay for exclusive and high-quality goods. The brand continues to be one of the leaders in the luxury goods market and sets trends for its competitors.

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