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Hermès Surpasses €300 Billion, Outpaces LVMH and Gucci

2/14/2025

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Summary

Story summary

Hermès has soared past a staggering €300 billion in market value, fueled by a remarkable 18% surge in fourth-quarter sales, especially of its coveted Birkin bags. This growth outshines competitors like LVMH and Gucci, as Hermès preserves its allure through limited production, driving relentless demand. With a current market value of around €307 billion, it’s closing in on LVMH's €358 billion.

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Story summary

Hermès has soared past a staggering €300 billion in market value, fueled by a remarkable 18% surge in fourth-quarter sales, especially of its coveted Birkin bags. This growth outshines competitors like LVMH and Gucci, as Hermès preserves its allure through limited production, driving relentless demand. With a current market value of around €307 billion, it’s closing in on LVMH's €358 billion.