French boutique Hermes (Hermes) reported better-than-expected revenue last quarter, as wealthy consumers in the US and Europe are still willing to pay for Birkin) and Kelly (Kelly) amid the sluggish performance.

Revenue rose 15.6% to 3.37 billion euros ($3.6 billion) last quarter, beating analysts' estimate of 13.2%, and its Central American region grew 20.4%, the highest regional.

Analysts have revised down their outlook for the luxury industry in recent weeks as LVMH reported earlier this month that it reported weaker-than-expected revenue for the last quarter.

But Hermes, whose customers can afford $10,000 or more, have always been more resilient to the turmoil than their peers. Hermes mining limited production, so that they launched the expensive bag orders to the back, also enjoy great pricing power.

"Despite the uncertainty in the environment, the company's outlook remains unchanged," Eric du Halgouet, vice president of finance at Hermes, told the media. He noted strong growth in Asia, including the US and Chinese mainland.