Headlines

Hermes Experiences Sales Uptick

Fashion house plans 12 new stores in coming year

Published

15 years ago

March 23, 2009

VMSD Staff

Hermes Intl. SA (Paris) said its 2008 sales rose by nearly 9 percent, to just under $2.4 billion, and that its net profit eked out an 0.8 percent increase, hitting $391.5 million. In the coming year, the fashion house plans to open 12 stores, including three in China, and to renovate 13 others. “We are spending more time looking at developing the business than reducing costs,” ceo Patrick Thomas told The Wall Street Journal.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design