< IMG LOADING = "Lazy" SRSC = "/Sites/Default/Files/Styles/Medium/Public/2025-04/AFP__20250214__2199688837____highres__luxuryfishfashionetailermesreportshigh.jpg ? iTok = LcCysnCl" Width = "1300" Height = "731" Alt = "Hermès explodes the figures" Class = "Lazyload Img-Fluid Image-Style-Max-300x1300" SRC = "/Sites/Default/Files/Styles/Max_1300x1300/Public/2025-04/AFP_20250214__2199688837____highres__luxuryfrenchionetailermesreportshigh.jpg ? Itok = Oiepsnij"/62 > 62 ~ 62 Scott Olson Getty Images via AFP Hermès store in Chicago < P >While Chinese social networks, notably Douyin (the Chinese Tiktok) and Xiaohongshu (Little Red Book), are the scene of animated discussions concerning the allegedly manufactured in China. & Amp; nbsp; nbsp;

< P > The French group Hermès will further increase its prices in May in May The 10% customs duties. He also published an increase of 8.5% of his turnover in the first quarter. & Amp; nbsp;

< P > The group delighted this Tuesday at its rival LVMH the first French market capitalization, will “compensate in full” the impact of the 10% of American customs duties by increasing its sales prices in the United States ” On all trades, “said the group's general manager of finance, Eric Halgouët, who did not specify the amount of this price increase. & nbsp;

< P >“It will be an increase in complementary price that we are finalizing, but which will allow us to neutralize this impact,” he said during an exchange with journalists. & Amp; nbsp;

< P > The Sellier-Maroquinier had already noted his prices in the world of “6 to 7%” at the start of the year, and only usually increases them An. & nbsp;

< P > In the first quarter, the group sales were brought by the “Americas” region (+13.3% to 695 million euros). & nbsp;

< P > “It is a two-digit growth, in the United States, Canada, Mexico or even Brazil “, detailed Eric Halgouët. & Amp; nbsp;

< P >In the United States, the beginning of the year was “disrupted by climatic events” like fires in Los Angeles which led to the closure of two Hermès stores for several days, “and snow events in certain other rather atypical states, such as Florida”, he said. & Amp; nbsp;

62 ~ P > 62 ~ ” With a very low level of stocks in the United States “before” ending the quarter with a very beautiful month of March, in all cities “, he completes. & nbsp;

< P > in Asia-Pacific (excluding Japan), Hermès achieves turnover up 2.7% to 1.7%. Its sales in Japan jump from 17.9% to 421 million euros thanks to local customers. & Amp; nbsp;

< p > turnover in Europe (excluding France) increased from 12.7% to 501 million euros and sales in France are leaping from 14.2% to 357 million of euros. & nbsp;

< P > & nbsp;

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Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116