Hermes Group in the first half of 2012, sales rose by 21.9%

Yesterday, data released by the French luxury goods maker Hermes Group, regional sales, especially in Asia, strong sales growth momentum, the Hermes Group sales in the first half of 2012, an increase of 21.9%.
data show that Hermes from January 2012 to June achieved sales of 1.59 billion euros (about 1.95 billion U.S. dollars), a year-on-year growth of 21.9% at current exchange rates, calculated at a fixed exchange rate to the year-on-year increase of 15.4% . Hermes said full-year sales growth of 10% of the fixed exchange rate target is expected to achieve.
the first half of 2012, the Hermes, a business unit sales year-on-year to achieve substantial growth, fashion, watches, leather goods and perfume at constant exchange rates growth of 21%, 23%, 10% and 13%, respectively. Hermes in Asia (excluding Japan), Europe (excluding France) and the Americas sales year-on-year increase of 25%, 21% and 9%, respectively.
Hermes Chief Executive Officer Patrick Thomas pointed out in an interview with the French media that the Hermes Group sales in the United States and China in the first half still remain strong, but because of the global economic slowdown, the Hermes Group in the second half performance growth is difficult to maintain the current momentum. Exchange rates, raw material prices and a negative impact on French tax policy adjustment of the Group's results.
Hermes said, because of the uncertain prospects of economic development and exchange rate fluctuations, the Group is difficult to make an accurate prediction of the 2012 annual results, the operating margin is expected to more than 27.8% in 2010, but it is difficult to achieve in 2011 a record 31.2% of the historical record. In the second half of 2012, the Group will continue to enforce the established strategy, expanding sales network, enhancing productive capacity and protect the purchasing security.
Hermes (Hermès) is the world's leading luxury brand, was founded in 1837 by Thierry Hermès in Paris, France, the history of early started to manufacture high horse with a hundred and seventy years has been . Hermes now has 17 product line of bags, men's, women's, scarves, ties, and living work of art.