Hermès Advances 15% In 2024 And Will Reward All Employees A $4,700 Bonus
1. Hermès revenues grew 15% year-over-year, contrasting luxury market decline. 2. Fourth quarter revenues surged 18% to $4.2 billion, highlighting company resilience. 3. Luxury competitor LVMH fell 2% in second half 2024, indicating market weakness. 4. Hermès awarded $4,700 bonuses to employees, reflecting strong financial performance. 5. All product categories, except watches, showed growth, with leather goods leading.