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October 24, 2026 5:18 pm

International Leather Industry News

Hermès Leather Goods and Saddlery Revenue Grows 10.8% to €1.91 Billion in Q3 2026

Hermès recorded €12.26 billion in revenue in the first 9 months of 2026 increasing 5.5% at constant exchange rates. Leather Goods and Saddlery revenue grew 10.2% to €5.67 billion.
Hermès Leather Goods and Saddlery Revenue Grows 10.8% to €1.91 Billion in Q3 2026
Hermès Leather Goods and Saddlery Revenue Grows 10.8% to €1.91 Billion in Q3 2026

Hermès reported Q3 revenue of €4.1 billion in 2026 thats an increase of 4.3% at constant exchange rates and 5.5% at current exchange rates compared with the same period last year. The French luxury group’s Leather Goods and Saddlery business recorded the strongest growth among its main sectors with revenue increasing 10.8% at constant exchange rates to €1.91 billion.

For the first 9 months of 2026 Hermès recorded consolidated revenue of €12.26 billion growing 5.5% at constant exchange rates and 2.9% at current exchange rates. Leather Goods and Saddlery revenue reached €5.67 billion an increase of 10.2% at constant exchange rates compared with the same period in 2025.

Hermès Leather Goods and Saddlery revenue increased to €1.91 billion in Q3 2026 from €1.70 billion a year earlier. At current exchange rates revenue grew 12.4%.

The group attributed the performance to strong demand for both new models and established products. The collections were expanded with models including Double Longe, Besace Attelée and Bride de Jour.

Hermès continued expanding its production capacity, following the inauguration of its 25th leather goods workshop in Loupes, Gironde, in April. Three more workshops are planned in France, with Charleville-Mézières expected by 2027, Colombelles by 2028 and Les Andelys by 2030.

The Americas recorded 8.8% growth at constant exchange rates while Europe excluding France increased 9.5% and Japan grew 9.6%. France recorded 3.6% growth.

Asia-Pacific excluding Japan remained stable at constant exchange rates, although sales increased 3.8% at current exchange rates. The Other geographical area, which mainly includes the Middle East recorded a 4.5% decline at constant exchange rates.

For the first 9 months the Americas grew 13.1% at constant exchange rates, followed by Japan at 10.5% and Europe excluding France at 9%.

Currency fluctuations had a negative impact of approximately €310 million on Hermès’ revenue at the end of September 2026.

Despite economic, geopolitical and monetary uncertainties, the group maintained its ambitious medium-term revenue growth objective at constant exchange rates.

ALSO READ: Hermès Leather Goods Revenue Rises 10% to €3.76 Billion in H1 2026

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Arshad

Arshad is an engineer specializing in leather technology with over 9 years of experience across the global leather and allied industries and content creation. 

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