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Hermès Defies Luxury Sector Gloom

Sales at the French leather goods powerhouse rose briskly in the third quarter, far surpassing expectations and outshining rivals.
Hermès sales rose briskly in the third quarter, far surpassing expectations and outshining rivals.
Hermès sales rose briskly in the third quarter, far surpassing expectations and outshining rivals. (Getty Images)

Third quarter sales at Birkin bag maker Hermès rose briskly, up 15.6 percent year-on-year, with the pace of growth slowing only slightly in a show of resilience of its wealthy clientele in spite of economic headwinds.

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