Interim report
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HERMÈS Quarterly information report as at the end of September 2021 The Group's consolidated revenue amounted to € 6,602 million at the end of September 2021 , up 57 % at constant exchange rates and 54 % at current exchange rates compared to the same period in 2020. This increase is of 35 % over two years . Continuation of an outstanding growth in the 3rd quarter + 40 % compared to 2019 and + 31 % compared to 2020 at constant exchange rates In the third quarter , the Group's consolidated revenue reached € 2,367 million . Sales growth was outstanding at + 31 % at constant exchange rates compared to 2020 and reached + 40 % over two years . The activity benefited from an upturn in sales in Europe , an acceleration in America and a sustained dynamic in Asia . Axel Dumas , Executive Chairman of Hermès , said : " The performance of the third quarter reflects an atypical year , during which we continue our strategic investments and accelerate job creations . In a world that remains unstable , the balance between our sixteen métiers and between our locations around the world , allows us to move forward with optimism and caution , while continuing to create beautiful , high quality , sustainable objects . " Sales by geographical area at the end of September ( at comparable exchange rates , unless otherwise indicated ) ● Paris , 21 October 2021 ● At the end of September 2021 , all the geographical areas confirmed their strong growth , with each one posting double - digit growth in the third quarter compared to 2019. Over the first nine months of the year , sales in the Group's stores increased 60 % at constant exchange rates compared to last year , and 43 % compared to 2019. The network continued to develop with store openings and extensions , and online sales increased worldwide . Wholesale activities remain penalised particularly by travel retail . ● A sia excluding Japan ( + 63 % and + 69 % over two years ) continued to see sustained activity , driven by an excellent third quarter ( + 29 % and + 67 % over two years ) . It gained from a remarkable performance in Greater China and other countries in Asia , despite new restrictions in Australia , Thailand and Malaysia in the third quarter . In September , Hermès unveiled a second store in Shenzhen , our 28th address in mainland China . Japan ( + 35 % and + 20 % over two years ) confirmed its solid growth , thanks to the loyalty of local customers , despite restrictions due to the health state of emergency . America ( + 85 % and + 30 % over two years ) accelerated significantly at the end of September , driven by an outstanding performance in the third quarter ( + 48 % and + 40 % over two years ) . A new store opened in Florida's Aventura Mall on October 1st . Europe excluding France ( + 45 % and + 7 % over two years ) , and France ( + 40 % and -6 % over two years ) , strongly recovered in the third quarter , with double - digit growth compared to 2019 ( + 23 % and + 13 % respectively ) . They benefitted from the support of local customers , growing online sales and the partial return of tourist traffic . The store in Milan reopened in July after renovation and extension work , boasting two extra floors . In September , petit h moved into the rue de Sèvres store in Paris in a location designed to reflect the dialogue created by the métier between sustainability , the creation of objects and the reuse of materials . 1