Hermès reports 10pc revenue increase for 2014
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Hermès maintains course in 2014 with a healthy 10 percent increase in its turnover, at constant exchange rates – according to Guillaume de Seynes , managing director manufacturing division & equity investments of the Group of luxury. Interviewed by the German newspaper Handelsblatt , De Seynes said that the House wants to expand in Germany , expanding the spaces in cities where it is already present.
Questions & Answers
Q.What is the specific 10% increase figure referring to?
What is the specific 10% increase figure referring to?
The 10% increase relates to Hermès' turnover in 2014, calculated at constant exchange rates. This financial metric indicates the company's total revenue for the year.
Q.Who provided the information about Hermès' 2014 performance?
Who provided the information about Hermès' 2014 performance?
The information was provided by Guillaume de Seynes, who is the managing director of the manufacturing division and equity investments for the Hermès Group. He was interviewed for the story.
Q.Where does Hermès plan to expand its retail presence?
Where does Hermès plan to expand its retail presence?
Hermès intends to expand its presence within Germany. The company plans to enlarge its existing spaces in cities where it already operates, rather than opening entirely new locations.
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