French luxury group Hermès has continued to defy the broader global downturn in the sector as it posted a sharp increase in quarterly sales.
The Paris-listed group, known for its silk scarves and Birkin handbags, reported on Thursday that sales rose 11.3 per cent to €3.7bn on a constant currency basis in the three months to September, in line with the €3.69bn forecast by analysts polled by LSEG.