Luxury brand Hermès keeps the wind in its sails. The maker of the famous Birkin bags increased his turnover in the second quarter, with his exclusive clothing and fashion accessories in great demand, especially in Asia.

The French fashion house recorded a turnover of almost 3.3 billion euros, an increase of 15 percent on an annual basis. There was 18 percent growth in Asian markets, with the exception of Japan. The impact of large-scale protests in Hong Kong was limited, financial director Éric du Halgouët said. Here sales increased by more than a tenth despite the turmoil.

Hermès, which is presenting its profit figures in September, expects to report a slightly lower operating profit. This is due to an unfavorable impact of financial products with which the company hedges itself against exchange rate falls. In the medium term, the company assumes that sales will continue to rise despite a cooling economy and trade tensions.

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