Hermes production gains momentum to meet growing demand
30/04/2015
Production capacities continued to increase as the two sites in Isère and Charente "gained momentum" and work commenced on two new workshops in Franche-Comté.
Sales in Japan grew 15%, thanks to a “highly selective distribution network”; sales in Asia excluding Japan were up 8% despite the more challenging environment in Hong Kong and Macao; while 10% sales growth was reported in the US.
Sales increased 5% in Europe, driven by the extended London Bond Street store, and demand in its domestic market, France.
It forecast: “Despite the economic, geopolitical and monetary uncertainties around the world, the objective for revenue growth in the middle term at constant exchange rates is 8%.”
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