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September 15, 2006
Hermès Reports Strong Sales In U.S., Europe
Profit at Hermès surged 7.8% in the first half of the year, reaching $228.4 million.
Strong sales in the U.S. and Europe helped boost the company’s performance, putting it on track to meet its full-year goal of a 7% sales increase. Sales in Japan, where the luxury retailer is expanding its Tokyo flagship location, have also been brisk.
Leather handbags such as the Birkin continue to perform well for the company, outpacing its supply.
Posted by Blacks on September 15, 2006 09:15 AM
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