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UPDATE 1-Hermes H1 profit rise, forms yacht venture

finanznachrichten.de
29-Aug-2008
        
Story Timeline:  97 days

PARIS, Aug 29 (Reuters) - Paris-based luxury group Hermes on Friday posted a solid rise in first-half profits, helped by resilient demand from non-French buyers for its themed silk scarfs and upmarket leather goods. Hermes, whose handbags start at 1,200 euros and can fetch 50,000 euros, said it planned to open or renovate about 15 stores in the second half. The group, which also designed an interior for... [read full story]                    

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Luxury brands show no sign of a let-up in demand

 abs-cbnnews.com 30-Aug-2008
First article on this story:

Hermes' 1H profits rise 5.3 percent

 tmcnet.com 29-Aug-2008
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Luxury brands show no sign of a let-up in demand

abs-cbnnews.com
30-Aug-2008
        

Reuters PARIS - Hermes on Friday met expectations with a 14.1 percent rise in current operating profit, driven by demand for its themed silk scarves and leather goods. "We think there is still a lot of growth potential...

                   

Financial crisis fails to dampen sale of luxury goods

indiatimes.com
29-Aug-2008
        

PARIS: European luxury goods groups provided fresh evidence late this week that consumer spending gloom has not yet affected buyers of their upmarket fashion, handbags, watches and other accessories. Hermes, Gucci and...

Scarf-maker Hermes' 1st-half profits rise 5.3 percent on strong sales of perfume, leather

canadianbusiness.com
29-Aug-2008
        

PARIS (AP) - Luxury goods company Hermes Group said Friday its first-half profit rose 5.3 percent, driven by strong sales in its divisions for perfume, leather goods and silk and textiles. The maker of Kelly and Birkin...