Hermes still bullish on 2010

first_img FRENCH luxury Hermes is maintaining its 2010 guidance despite a broader rebound in the luxury sector, chief executive Patrick Thomas said yesterday.Asked whether Hermes would raise its forecasts after similar upgrades from luxury fashion companies such as Valentino, Thomas said: “Not us, we keep the same guidance.”Speaking on the sidelines of the Hermes 2011 spring/summer collection presented on Wednesday – the last one designed by Jean-Paul Gaultier – Thomas said economic clouds remained dark.“I see that the crisis is far from being over and that difficulties are ahead of us,” Thomas said.Thomas said he was worried the global financial system was still being transformed, which risked impacting consumer demand.Thomas said he had not seen an improvement in the economic environment, only “more and more Chinese customers entering our shops in Asia and in the West”.In July, Hermes raised its 2010 sales growth target to 10-12 per cent from five per cent while at the end of August, it said it expected sales growth of around 12 per cent. Several luxury groups, including LVMH, and Gucci Group, have posted forecast-beating first-half results. Hermes still bullish on 2010 whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp center_img KCS-content Wednesday 6 October 2010 7:25 pm Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky Tags: NULLlast_img

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