September 4

Hermes sales rise with luxury goods rebound

first_imgThursday 3 February 2011 7:42 pm Hermes sales rise with luxury goods rebound Share Show Comments ▼ whatsapp LUXURY goods company Hermes said yesterday its fourth-quarter sales rose 25 per cent in 2010 and raised its profit guidance.The Paris-based company said pre-tax profit will rise by around 40 per cent for the full-year.Sales for the famous silk scarf and leather goods fashion house hit €736m (£621m) in the three months to 31 December.Hermes said it will pay its first interim dividend ever next week, after building up a record cash pile. Hermes shares have risen around ten per cent over the past six months.Sales of leather goods surged by 30 per cent in the quarter.Meanwhile, the company said revenue from silk ties and scarves climbed 25 per cent. Sales from watches rose 13 per cent, while tableware sales added 23 per cent. However, perfume sales fell three per cent. The company said the Americas had been the best performing market over the quarter. center_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionHero WarsThis game will keep you up all night!Hero WarsBrake For ItThe Most Worthless Cars Ever MadeBrake For ItOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Life KCS-content Tags: NULLlast_img

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Posted September 4, 2021 by admin in category "bkrtdetp

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