French luxury goods firm Hermes International SA on Monday revealed its second quarter revenue slipped 1.8 per cent year-on-year to 283.3 million euros amid sliding sales in its domestic and Americas markets.

The company said first half revenues rose 2.5 per cent to 585.1 million euros from 570.9 million euros in 2001 with revenue at its key silk scarf business down 11 per cent to 72.2 million euros although its leather goods unit saw revenues jump 19 per cent to 183.3 million euros.

Hermes said sales in its domestic market fell five per cent to 122.7 million euros and in the American markets by 7.6 per cent to 85.1 million euros, but Japanese sales soared 26 per cent to 163.1 million euros partly thanks to its new flagship store in Tokyo.