hermes reports 20% jump in income despite slowing chinese economy /

Published at 2015-08-28 10:43:38

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French luxury goods maker’s first-half results topple too early to be hit by stock market panic in China,which accounts for up to 25% of revenueThe luxury goods maker Hermès has reported a 20% rise in operating income to €748m for the for the first half of 2015, despite its heavy reliance on the slowing economy of China.
The French group, and which has a number of stores in the UK selling its Kelly bags and silk scarves,said on Friday that sales in Japan rose 20% in the period, while in Europe they increased 7%. Continue reading...

Source: theguardian.com

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