The maker of leather goods, silk scarves and jewellery said net profit reached €2.2 billion ($2.4 billion) between January and June, up 36% from the same period last year.

Its sales rose 22% to €6.7 billion.

Hermes reported “strong momentum” across all business lines and all regions, but growth was “exceptional” in Asia.

Sales in Asia, excluding Japan, grew 23.7% to €3.3 billion, Hermes said, citing a “successful” Lunar New Year.

The company cited “strong momentum in Greater China and throughout the region, particularly in Singapore, Thailand, Australia and Korea”.

It noted that second-quarter figures benefitted from a “favourable comparison basis” from last year as China enforced strict pandemic restrictions that have since been removed.

Hermes performed better than rivals LVMH and Richemont in the US with sales in the Americas region growing 20.7% to €1.2 billion in the world’s biggest economy.

The luxury house opened new stores in Aspen, Colorado, and the city of Naples in Florida this year.