Hermès raises forecasts after another ‘fruitful’ quarter
18/07/2013
Luxury brand Hermès saw revenues grow by 16% in the second quarter, boosted by leathergoods, even though sales were “constrained by production capacity”. Sales reached $1.19 billion, with all regions experiencing growth, in particular Asia excluding Japan (up 17%) and the Americas (up 17%). “Demand for Hermès items remains strong, impelled by...