News

Demand for leather goods lifts Hermès profits

25/03/2003

Hermès International SCA, the 165-year-old French luxury goods maker, has posted a 6.8% increase in full year profits. For the period ended December 31, 2002, the company reported sales growth of 1.3% to Eur1.2 billion ($1.3 billion) fuelled by a high level of demand for leather goods in Japan and the US.

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