BoF: the value of leather in Hermès’ ultra-luxury boom

BoF: the value of leather in Hermès’ ultra-luxury boom

Hermès’ turnover went from 3.76 billion in 2013 to 11.6 billion in 2022. The revenue generated by the Accessories and Saddlery division grew, in the same period, from 1.63 billion to 4.96 billion. It never reneged on product quality and kept positioning very high. That’s why Hermès’ ultra-luxury boom is featured in a dedicated monography…

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