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February 08, 2008

Luxury Market Remains Strong For Hermès

Fourth-quarter sales at Hermès International climbed 10% to $746 million. The French luxury brand cited strength is the U.S. and Europe with strong demand for its fall/winter collections.

Scarves, neckties, handbags and jewelry also performed well.

Hermès said that it continued to see sales increases in January and predicted that 2008 would be another successful year for the company, with growth estimated at around 10%.

Posted by Blacks on February 8, 2008 09:59 AM

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