“Sustained demand” drives leathergoods growth for Hermès
23/03/2016
It will release figures for its individual business units at a later date, but it said in its initial release that revenues at its leathergoods and saddlery division grew by 13% in 2015, which suggests a figure of almost €2.1 billion.
Hermès said this growth was driven by “sustained demand” and the increase in production capacities at two new sites in Isère and Charente, and a new workshop in Franche-Comté (all in France). It said investment in a second production site in Franche-Comté is ongoing.
These new sites helped Hermès increase its workforce by 500 people in 2015. The group now employs a total of 12,244 people, more than 60% of whom work in France.
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