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International Business Times
International Business Times
Business
AFP News

Hermes Celebrates Record Profit With Staff Bonuses

Hermes Axel Dumas Luxury LOreal
Hermes will hand out 4,000-euro bonuses to its staff worldwide (Credit: AFP)

French luxury giant Hermes posted on Friday record annual sales and net profit, with plans to reward all employees worldwide with a bonus following strong growth in every region last year.

The group reported a better-than-expected profit of 4.3 billion euros ($4.6 billion), up 28 percent from 2022, on sales that surged 16 percent at current exchange rates to 13.4 billion euros.

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