Hermes Q1 sales driven by Asia, silks
PARIS, April 22
PARIS, April 22 (Reuters) - French luxury goods maker Hermes on Monday posted a 10.3 percent rise in first-quarter sales, pulled by strong demand in Asia particularly for its silks, accessories and ready-to-wear.
Hermes generated revenue of 856.8 million euros ($1.12 billion) in the three months to March 31, up 12.8 percent at constant currencies, slightly ahead of market expectations.
The maker of 13,000-euro Birkin leather bags and 400-euro printed silk scarfs did not comment on its outlook for the year. ($1 = 0.7644 euros) (Reporting by Astrid Wendlandt; Editing by Louise Heavens)
- U.S. military strike in Somalia targeted al Shabaab leader
- Marilyn Monroe sex film to be kept private |
- Islamic state issues video of beheading of U.S. hostage |
- Actress Jennifer Lawrence contacts authorities after nude photos hacked
- Ukraine accuses Russia of 'undisguised aggression' as rebels advance |