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Recently, the French luxury brand Hermes reported what looks to be a strong three-month financial performance for the third quarter of 2023. Although sales decreased .1% in Asia due to last year’s unusual performance, overall sales have seen a 7.3% growth.
Chief Executive Axel Dumas reasoned that thanks to the rise of the global middle class, Hermes remains committed to continual investment of their employment and operations in the ever-strengthening Chinese market. Despite modern-day uncertainties, Hermes remains statisfied with their otherwise outstanding performance.
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