Hermes Sales/Net Up


	Hermes Sales/Net Up

Lauren Sherman

3-19-2009 11:23 AM

370 views

tags:

hermes, sales, luxury fashion

Lauren Sherman says:

Hermes posted strong sales for the fourth quarter of 2008 and will open 12 new stores this year. Handbags and scarves are most popular.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5fbdb36f-bd12-43aa-92a5-f71ef2905b69/8D93C658-5054-4AF4-9798-715F2FEC8B18/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://online.wsj.com/article/SB123746397182783565.html?mod=googlenews_wsj" href="http://online.wsj.com/article/SB123746397182783565.html?mod=googlenews_wsj" style="font-size: 11px;">online.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB123746397182783565.html?mod=googlenews_wsj"><P>PARIS -- Parisian fashion house Hermes International S.A. reported a small increase in net profit for 2008 and announced that sales of its silk ties and leather hand bags held up in the beginning of the year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB123746397182783565.html?mod=googlenews_wsj"><P>Hermes said that net profit in 2008 rose 0.8% to €290.2 million ($391.5 million) and that sales were up 8.6% to €1.76 billion. The company said that sales in the fourth quarter of 2008 were up 6.2% from the year before. The company did not break out profits for the fourth quarter.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/8D93C658-5054-4AF4-9798-715F2FEC8B18/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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