# The storied house of Rue du Faubourg-Saint-Honoré stands alone in resisting the broader downturn currently dogging the luxury sector.

*business · news · 2026-04-15 · MarketScreener*

## Key points

- Hermès achieved 17% sales growth in Q1 2026, outpacing broader luxury sector trends.
- Americas sales have elevated Hermès to cult status, while Japan saw a 10% increase.
- A €290m unfavorable currency effect caused reported revenue to slip by 1%.
- Hermès' Fashion & Leather Goods sales grew 9%, contrasting with LVMH's critical segment decline.
- Hermès' market cap fell below 40x earnings, returning to pre-pandemic valuation levels.

**Companies:** LVMH, Hermès
**Countries:** France, Japan, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/hermes-remains-head-and-shoulders-above-the-rest-ce7e50dcdb8df523)

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