In the Asian consumer, especially in China, consumer demand growth boosted, Hermes back double-digit growth.Hermes recently released the first quarter of fiscal year 2017 earnings, during the period, according to the actual exchange rate growth of 13.5% to 1.352 billion euros, according to the constant exchange rate increase of 11.2%, same-store sales increased by 13%.
Hermes chief executive earlier interview with Bloomberg said that since the second half of last year, the Chinese market has the momentum of recovery, its products, including shoes, clothing and other strong demand.
In the three months ended March 31, Hermes’s various departments were positive growth. At the real exchange rate, thanks to Constance, Lindy bag and birkin bag and women replica other classic style to regain consumer welcome, leather and harness sector sales rose 17.8% to 696 million euros.
Hermes sales in France rose 4.4% over the same period last year to 171 million euros, sales in other parts of Europe rose 8.3% to 229 million euros; Japanese market sales increased 6.6% last year to 179 million euros;
In addition to Japan outside the Asia-Pacific region in mainland China strong recovery in the performance of boost, sales rose 19.3% year on year to 507 million euros;
US sales rose 17.7% year on year to 240 million euros; sales in other regions also increased significantly, an increase of 40% to 24.4 million euros.
In addition, Hermes 2016 annual sales for the first time into the 5 billion euros club, refresh the historical record. For the 2017 fiscal year, Hermes brown birkin bags fake price said that because the global geopolitical economy is still unstable, decided to take a cautious wait and see attitude, that the growth rate in the quarter may not continue until the end of this year, so no specific annual results forecast. Earlier Hermes said it would enter the cosmetics business, but will not be launched in 2017.