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Tag: hermes

Retail Asia23/07/2018
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Fashion

China helps Hermes sales blooms in Asia

2min0
Luxury fashion brand Hermes’ latest figures show Chinese sales are still driving the business. The company has reported strong sales growth for the first half of this year with all business lines and all geographical areas all ahead of last year, and especially positive momentum in greater China and the whole Asian region. The group […]
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Retail Asia07/05/2018
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Fashion

Sales remains steady for Hermes

2min0
Despite currency fluctuations knocking out €104 million (US$124.5 million) of revenue, Hermes International reports solid first-quarter sales with China again a hero. Excluding Japan, Asia achieved 16 per cent growth. Japan continued with outstanding growth of 8 per cent. In January, the group opened a Landmark Prince’s flagship store in Hong Kong. The French luxury […]
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Retail Asia13/04/2018
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Logistics

Hermes’ New H5 Version Goes Live at Hanoi Airport

4min0
Hermes Logistics Technologies (HLT) has gone live with its new Cargo Management System (CMS) version, called Hermes 5 (H5), at ALS Cargo Terminal Co., Ltd (ALSC), Noi Bai International Airport in Hanoi, Vietnam. H5, which will be rolled out globally, future proofs Hermes’ CMS application by modernising its framework to allow for simpler integration with […]
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Retail Asia23/03/2018
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Fashion

Strong sales growth posted by Hermès Asia

3min0
Hermes Asia sales grew 11.3 per cent last year to €1.946 billion (US$2.4 billion) as the luxury retailer set a new record for gross retail margin. The company said the retail market was improving in Hong Kong and Macau, with the Asian market “pursuing its upward curve” and positive outlooks in Mainland China and South […]
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Retail Asia13/02/2018
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Fashion

Here’s Why Pre-Owned Luxury Fashion Are Growing In Asia

2min0
Asia’s pre-owned luxury fashion market is continuing to grow, with shoes and t-shirts gaining ground, according to multichannel retailer Reebonz. Although bags continued to dominate, with an average of 77 per cent of total transactions in 2016 and 2017, both shoes and apparel achieved steep sales growth throughout the region, according to Reebonz’s now annual […]
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Retail Asia12/02/2018
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Fashion

Asia boosts Hermes international sales

3min0
Hermes international sales showed strong growth last year, pushed by an upward curve in Asia. Sales for the French fashion brand were up 9 per cent at constant exchange rates, with consolidated revenues reaching €5.5 billion (US$6.7 billion). After adjustment for the negative currency effect resulting from the year-end strengthening of the euro, the increase […]
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Retail Asia24/01/2018
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Fashion

John Lobb expands into Philippines market

2min0
Historic British footwear brand John Lobb Bootmaker has stepped into the Philippines with a store beside Hermes at Greenbelt 3 in Makati City, Manila. Founded in Basingstoke in 1849 and opening a store on London’s Regent Street in 1866, the brand is known for its bespoke services and patronage from the aristocracy as well as […]
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Retail Asia15/11/2017
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Fashion

Sales drops for Louis Vuitton Korea

2min0
Louis Vuitton Korea has fallen behind its rivals, with sales dipping into minus territory this year, industry data shows. Sales at a leading department store for the international fashion house for the January-October period backtracked 5.3 per cent. Demand for Louis Vuitton products were down 2.1 per cent at another department store during the same […]
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Retail Asia15/11/2017
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Fashion

Hermes grows in China

2min0
Sales momentum in Mainland China helped boost growth for French luxury retailer Hermes in its third quarter. Overall sales grew 11 per cent at constant exchange rates, and at the end of September revenues were up 10 per cent to €4 billion (US$4.6 billion). Despite a strong comparison basis, sales in Asia (excluding Japan) rose […]
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Retail Asia10/11/2017
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Fashion

Balenciaga is the hottest fashion label

2min0
Balenciaga has overtaken Gucci as the hottest fashion label, according to the latest Lyst Index. The index draws on data analysis by fashion-search platform Lyst in conjunction with the Business of Fashion website. The 4.5 million data points analysed include sales, searches and consumer perceptions of 5 million products and 12,000 brands. Its result is […]
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Retail Asia31/10/2017
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Electronics

Hermes pop-up on WeChat introduces smartwatch

1min0
A Hermes pop-up store, its first on WeChat, features a 13-second promotional video for its new Eperon d’Or Hermes x Apple smartwatch. The French luxury brand is offering six options of wristband, each based on a classic Hermes scarf pattern. When clicking on “read more” at the bottom of the post, readers are taken directly […]
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Retail Asia17/10/2017
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Living

Hermes Singapore transforms artfully into ‘home’

3min0
In a special exhibition, the Hermes Singapore flagship store at Liat Towers has been transformed to spotlight the luxury French brand’s collection of home furnishings and bespoke creations. Described as a “gallery of whimsy and surprise”, the Through The Walls exhibit was crafted by set designers Jean-Christophe Vaillant and Herve Sauvage. It shifts the focus […]
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Retail Asia15/09/2017
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Fashion

Hermes operating margin reaches record level

3min0
Luxury retailer Hermes’ operating margin rose to 34.3 per cent of sales in the first half of this year – a new company record. And operating income from recurring activities rose 13 per cent, with Asia (excluding Japan) driving most of the growth. Hermes has reported consolidated revenue of €2.713 billion in the first half, […]
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Retail Asia25/07/2017
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Fashion

Luxury goods group Hermes sales growth slows in Q2

3min0
French luxury goods group Hermes said on Friday (July 22) it expected first-half 2017 operating profitability to be close to the peak level of 33.9 per cent of sales achieved in the first half of 2016, thanks to foreign exchange gains. Hermes, known for its US$10,000 (S$13,679) Birkin bags and US$400 printed silk scarves, made […]
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Retail Asia29/03/2017
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E-Tailing

Hermes promises year of ‘digital change’

2min0
French luxury retailer Hermes plans to update its digital strategy this year with an initial test run “in a small country”, according to chief executive Axel Dumas. He says 2017 will be “a year of digital change for us”, with the company’s e-commerce sales showing “significantly higher” growth rate than overall turnover. Dumas says he […]
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