Record 2011 result for Hermès

22/03/2012
Luxury leathergoods brand Hermès has reported record sales of more than EUR 2.8 billion for 2011 and net profits of almost EUR 600 million. The brand has almost doubled profit levels in two years.

On announcing the results, chief executive, Patrick Thomas, said: “We manufacture beautiful things, and I’m proud to say it, especially because of the craftspeople who make them. This, really, is the only explanation of the results we have achieved. An Hermès product is a unique product.”