Hermes International SCA, the French maker of Kelly bags and silk scarves, will resist raising prices significantly in 2013 even as profitability may decline as the Japanese yen weakens against the euro.
Hermes International SCA, the French maker of Birkin bags and silk scarves, plans to build two leather factories in France in 2012 to cope with rising demand after third-quarter sales were hampered by capacity constraints.
Hermes International SCA, the French maker of Birkin bags and silk scarves, expects sales growth in the Americas next year to at least match 2011’s pace as shoppers in its second-fastest expanding market focus on quality.
Hermes International SCA, the French maker of Birkin and Kelly bags, reported a surge in full-year earnings and said it’s not interested in collaborating with LVMH Moet Hennessy Louis Vuitton SA , which has built a stake.
For decades, fashionistas have known that a Birkin bag is a safe style bet -- if you can get your hands on one. That demand makes its producer, Hermes International SCA, the surest bet in the luxury industry when it comes to sales growth.
Hermes International SCA Chief Executive Officer Patrick Thomas said the company had a “fantastic” end to 2012, echoing rival Salvatore Ferragamo SpA and suggesting demand for luxury leather goods remains strong.