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    Hermes Sales Rose Sharply In The First Three Quarters

    2013/12/6 18:50:00 13

    HermesSalesLuxury Brands

    < p > at the moment when China's luxury market continues to slow down, < a href= "http://www.91se91.com/news/index_c.asp" > Hermes < /a > (Herm s) is a few luxury group that still maintains a two digit growth.

    The group's latest third quarter results show that as of the end of September 2013, China led Asia (except Japan) maintained growth momentum and sales increased by 17%.

    < /p >


    < p > besides, the Americas, France and Europe except France have achieved two digit performance growth, with sales increased by 17%, 12% and 14% respectively.

    < /p >


    < p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201312/06/20131206065735_sj.JPG "/" < > > "


    < p > up to the first nine months of fiscal year 2013, Hermes sales reached 2 billion 662 million 700 thousand euros. The fixed rate of exchange increased by 13.9% over the same period. The sales growth in the third quarter was 12.9%, and sales of Direct stores and suppliers reached 12.9% and 12.6% respectively.

    < /p >


    In the third quarter of P, Hermes continued to optimize the network, opening two stores in Ningbo, China and Nagoya, Japan.

    At the end of 2012, Hermes purchased the real estate in Beverly Hills, USA, expanded and renovated the original store, and held a new opening ceremony in September.

    < /p >


    < p > from the performance of different product sectors, besides the steady growth of the original core products, the performance of other products departments of Hermes is excellent.

    In the first three quarters, the Hermes leather and saddle Department increased by 9%, increasing productivity continuously, opening two workshops in Izel (Isere) and Charente-Maritime in coastal waters.

    < /p >


    < p > thanks to the rich "a href=" http://www.91se91.com/news/index_c.asp "> garments, /a, fashion accessories and" a href= "http://www.91se91.com/news/index_c.asp" shoes products "/a series, Hermes clothing and accessories Department has increased by 20%.

    Thanks to the growing sales of Terre D Herm s and the launch of Jour D Herm s s, the Hermes perfume Department has maintained an upward trend of 15%.

    In addition, other Hermes products, including jewellery and life art, grew rapidly, with an increase of 38%.

    < /p >


    < p > aiming at the sales performance of the first nine months, Hermes expects total sales growth in 2013 to exceed 11%. According to currency price fluctuation, the current operating profit is expected to be close to the highest level in 2012 (32.1%).

    < /p >


    < p > Hermes said that in the fourth quarter, the group will continue to uphold the long-term strategy based on creativity and imagination, maintain control over its proprietary technology, expand sales network, strengthen production capacity, and ensure the source of supply.

    < /p >

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