Hermes International

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FRANCE: Hermes boosts H1 profit by 7.8% | 15 Sep 06

First-half profit was up 7.8% at luxury goods company Hermes International thanks to higher sales in European markets.

FRANCE: Hermes sales growth slows in Q2 | 27 Jul 06

Luxury goods house Hermes International reported a 7.9% upturn in first-half sales but admitted growth slowed down in the second quarter of the year.

FRANCE: Small rise in clothing sales for Hermes | 15 May 06

Luxury group Hermes International saw first-quarter sales rise 11.3% to EUR361.5m (US$464.0m), despite sales of clothing and accessories remaining almost static.

FRANCE: Profits rise at Hermes International | 23 Mar 06

Luxury goods maker Hermes International’s net profits rose 13.4% in 2005 to EUR247m (US$298m), marginally down on analysts’ estimates.

Who will win India’s retail war? | 13 Feb 06

Now that India’s government has announced a partial lifting of its ban on foreign retailers setting up shop, apparel businesses must surely be queuing up for a slice of the country’s US$15bn clothing market. Mike Flanagan thinks not. He believes a one-brand rule and high import duties are slowing the countdown to India’s retail revolution.

FRANCE: Hermes Q4, FY sales increases | 9 Feb 06

Luxury goods label Hermès International said fourth-quarter sales were up 8%, boosted by an upturn in demand for leather products.

FRANCE: Hermes denies takeover approach | 8 Dec 05

Luxury goods company Hermes International has denied suggestions that the business has received a takeover approach.

FRANCE: Hermes Core Lines Boost Revenue | 9 Nov 05

Luxury goods label Hermes International has reported good third-quarter and nine-month revenue on strong demand for leather bags, silk ties, and scarves.

FRANCE: Hermes Chief Exec Louis Dumas To Quit | 16 Sep 05

Upmarket goods group Hermes International SA says that chief executive Jean-Louis Dumas will leave his position of chief executive of the company in January, to be replaced by co-chief executive Patrick Thomas on an interim basis.

FRANCE: Hermes Advertising Pays Dividends In H1 | 15 Sep 05

Luxury goods group Hermes International SCA says its first-half net profit jumped 12 per cent, helped by increased advertising measures and less foreign exchange pressures.

JAPAN: Forty-Five Fashion Firms Report Income Growth - Survey | 15 Sep 05

Forty-five Japanese fashion firms have posted a combined income of JPY125.87 billion for financial 2004, representing the highest profit since comparable data was available back in 1993, according to survey results released by Teikoku Databank Ltd.

SPAIN: Zara Rated As One Of World’s Biggest Brands | 2 Sep 05

For the first time clothes brand Zara has entered Business Week magazine’s yearly ranking of the world’s biggest brands.

FRANCE: Hermes Throws Out Stake-Sale Rumours | 1 Sep 05

Luxury goods brand Hermes has rejected a report by French financial weekly Challenges suggesting that Belgian financier Albert Frere was considering acquiring a 10 per cent stake in the company.

COLOMBIA: Le Collezioni To Distribute Loro Piana | 16 Jun 05

Colombian clothing distributor Le Collezioni has agreed a contract with Italian garment maker Loro Piana to exclusively distribute its products in Colombia.

Six signs you're in post Wal-Mart world | 16 May 05

For the past 20 years Wal-Mart has redefined the way most retailers and manufacturers across channels and categories have done business. Every apparel company has been affected thanks to the retail giant that taught consumers they can get everyday brand names at everyday low prices. Stacy Baker looks at the Wal-Mart legacy.

FRANCE: Hermes Q1 Sales Grow 3.3% | 11 May 05

Luxury goods company Hermes International SA has reported a 3.3 per cent rise in first-quarter sales on a 6.9 per cent improvement in performance at its leather unit.

FRANCE: Hermes FY Profit Plummets 3.1% | 24 Mar 05

Luxury design house Hermes International SA has posted a full-year net profit fall of 3.1 per cent due to higher taxes and currency fluctuations.

USA: Tommy Bahama Helps Crack $1m Counterfeit Ring | 22 Sep 04

Around $1 million worth of counterfeit clothing and other designer-branded goods have been seized from a trading group in Apex, North Carolina.

FRANCE: Hermes Records H1 Profit Rise Of 12% | 16 Sep 04

Luxury goods house Hermes International has reported a first-half net profit increase of €95 million - an increase of 12 per cent from €84m in the same period in 2003.

FRANCE: Hermes Q2 Revenues Rise 19% | 9 Aug 04

Luxury-goods company Hermes International SA on Monday said second-quarter revenue rose 19 per cent to €306 million from €257.2 million for the same period last year.

FRANCE: Hermes Q1 Revenue Up On Asian Growth | 10 May 04

Luxury goods maker Hermes International SA has posted an eight per cent rise in first quarter revenue to EUR315 million, up from EUR292m in the same period a year ago.

FRANCE: Hermes FY Net Profit Inches Up 0.6% | 25 Mar 04

Luxury goods maker Hermes International SA has reported a 0.6 per cent rise in net profit for fiscal 2003 to EUR217 million, compared with a profit of EUR216m in the year prior.

FRANCE: Hermes FY Revenue Falls 1% | 10 Feb 04

Luxury goods group Hermes has reported a one per cent decrease in full-year revenue for 2003, falling to EUR1.23 billion from EUR1.24bn in the previous year.

Market slowdown for designerwear | 6 Feb 04

After years of excellent growth, designer fashion houses worldwide are now feeling the pressures of tough economic times and global uncertainty. The Iraq conflict, economic downturns, a weaker dollar, a stronger euro and stock market declines have made consumers unconfident about spending, especially on discretionary items like clothing.

HONG KONG: Luxury Brands Returning Access Asia | 27 Nov 03

Luxury international brands are slowly returning to Hong Kong. As the territory's once sky-high rentals continue their decline (down 30 per cent since their 1997 peak) and the negative effects of Sars wear off, consumer spending by locals and (often wealthy) mainland Chinese tourists is climbing.

FRANCE: Hermes Posts 12% Fall In H1 Profit, Sales Down | 12 Sep 03

Luxury goods group Hermes International SA on Friday posted a 12 per cent slide in first half net profit to 84.3 million euros ($94.5m) from 96 million euros in the year-ago period.

FRANCE: Hermes Suffers Slide In Q2 Revenue To EUR257m | 13 Aug 03

Luxury goods giant Hermes International on Wednesday announced a 9.2 per cent slide in second quarter revenue to 257.2 million euros from 283.3 million euros last year amid sliding apparel and leather goods sales.

FRANCE: Hermes To Name Patrick Thomas MD - Report | 16 Jul 03

Luxury goods producer Hermes International SA is expected to name Patrick Thomas as its new managing director, French newspapers claimed on Wednesday.

Collaboration in fashion | 16 Jun 03

Is survival without collaboration an option for fashion? No, say leading innovators Delta Galil and TAP Group, arguing that true collaboration is built around joint planning for the entire supply chain, eliminating duplicated processes and sharing risk with the aim of creating continuity and sustainable value for everyone.

FRANCE: Hermes Jan-April Sales Rise 3%, Sees FY Growth | 4 Jun 03

French luxury goods group Hermes on Tuesday said its sales rose three per cent year-on-year in the first four months of 2003 excluding currency movements and it expects full year sales to rise.



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