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Hermès hints at ‘vertical integration’ for footwear

14/02/2024
Hermès hints at ‘vertical integration’ for footwear

The executive chairman of luxury group Hermès, Axel Dumas, paid tribute to the contribution of footwear to positive full-year results for 2023. Hermès reported revenues of €13.4 billion, up by 15.7% year on year.

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