French fashion retailer Hermes reported a 9.4 % rise in sales to € 1.46bn ( $ 1.68bn ) for the third quarter , led by an 11.8 % sales rise in Asia excluding Japan to € 519 m . customers were relieved by the figures after concerns that the China - US trade dispute might have affected sales in China . Hermes said it had opened a store in Xi’an and updated its Chinese website . Hermes did not reveal its sales targets for the whole year , however , but said it had “ an ambitious goal ” for revenue growth .
French fashion company Hermes reported a 9.4% rise in sales to €1.46bn ($1.68bn) for the third quarter, led by an 11.8% sales rise in Asia excluding Japan to €519m. Investors were relieved by the figures after worries that the China-US trade dispute might have affected sales in China. Hermes said it had opened a store in Xi’an and launched its Chinese website. Hermes did not reveal its sales targets for the whole year, however, but said it had “an ambitious goal” for revenue growth.