Hermes International have reported an 8.5% rise in 2009 revenue, due to an end of year increase in sales of hand-stitched handbags and silk scarves.
2009 revenue has been reported at EUR1.91 billion, the 2008 figure was EUR1.76 billion.
Hopefully an sign that the recession is coming to an end?
Now usually we’d question the use of an intro within an e-commerce environment, but it would seem that Hermes can’t do much wrong on their site and this is no exception.
The intro isn’t an intro for intro sake; it educates as to the process of three of their scents and has made me consider the brand when I’m next in the market for a new cologne.
I’ve been trying to upload the image of the site all morning, but for some reason I can’t, so best if you check it out yourself, it’s definitely worth it:
Hermes have just realised their revenue figures for quarter 1 and have shown a growth predominately driven by silk scarves, fashion accessories and their saddlery division.
Other sectors such as perfumes (30% drop due to exchange rates), watches and tableware dropped, where wholesale turnover was affected by distributors cutting down their inventory, reflecting the benefit of brands that sell through actual stores rather than concessions.
LVMH’s fashion and leather goods sales rose by 4%, with watches and jewellery dropping by 41%.
Gucci saw growth in leather goods by 2%, however overall they saw a drop by 3.4%.