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Hermes 2010 Sales to Rise at Least 5% on Women’s Wear
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Hermes 2010 Sales to Rise at Least 5% on Women’s Wear

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“Hermes International SCA, the French maker of luxury handbags and silk ties, expects revenue to grow at least 5 percent this year as demand returns for women’s clothing and accessories. “We see already a significant upturn in activity,” Chief Executive Officer Patrick Thomas said today in a telephone interview. Sales of women’s ready-to-wear clothes declined in 2009 after shoppers curbed spending on luxury goods, he said.” – from BusinessWeek



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