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November 09, 2007
Hermès Reports Double-Digit Growth In Q3
Sales at Hermès International climbed 12.3% to $542.3 million during the third-quarter of the year, with much of the momentum coming from Asia.
Ready-to-wear, scarves and fragrances were some of the top selling categories, according to the luxury vendor. Leather bags also fared well with a sales increase of 15%.
The results show that there is still strength in the luxury sector despite a slowdown in better and moderate priced goods.
Posted by Blacks on November 9, 2007 09:28 AM
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