Hermes Gets (Economically) Stimulated

Filed Under: Fashion Smashion Inspiration Business Blitz

hermes.jpg

Well this is exciting news!

Hermes third-quarter sales reflect a 10% increase, bolstered by strong retail performance throughout the quarter. Sales within the stores rose about 18% while wholesale revenues dropped about 13%, a smaller decrease than that of the period prior. Hermes says that if the trend continues, it will exceed projected sale expectations.

Looks like people are starting to buy in a big way!

Very exciting news.

[Image via AP Images.]

Posted: November 9, 2009 at 1:30 pm

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