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Hermès Sales Accelerate, Raising Hopes for China Turnaround

The leather goods powerhouse reported revenue up 18 percent at year-end. Sales picked up in China, whose sluggish economy has weighed on luxury brands. ‘We see positive signs, but not enough to definitively call it a turnaround,’ chief executive Axel Dumas said.
A person on the runway holds a Birkin bag
Hermès has remained luxury’s fastest-growing listed player amid a global slowdown for the industry. (Getty Images)

PARIS –

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