Asian consumer demand growth, Hermes sales in the first quarter increased by 11.2% year-on-year

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Asian consumer demand growth, Hermes sales in the first quarter increased by 11.2% year-on-year

Сообщение fashionaaa » 15 май 2019, 07:15

According to the latest quarterly earnings reports of various companies, many luxury goods groups including LVMH and Kering performed very well in the first quarter of this year, which means that the global luxury goods market has indeed entered a recovery phase. According to reports: LVMH Group's first quarter sales increased by 15% year-on-year, the best performance in five years; Gucci,Replica New YSL Handbags, Puma Qi open! France's Kaiyun Group's first-quarter sales rose 31.2% year-on-year)

In the three months ended March 31, 2019, Replica Cheap Hermes Handbags sales reached 1.352 billion euros, an increase of 13.5% year-on-year based on the real exchange rate, excluding exchange rate fluctuations, and a year-on-year increase of 11.2%.

Sales in Asia (excluding Japan) increased by 16% year-on-year, and China, Hong Kong and Macau performed well, and new stores in Singapore and Chongqing also boosted growth.

Despite the strong yen, the base was higher in the same period last year, but thanks to the selective distribution network, Japanese sales still increased by 2% year-on-year.

Sales in the Americas increased by 14% year-on-year

Sales in Europe (excluding France) increased by 9% year-on-year, thanks to the opening of new stores in Rome last October and the expansion of London and Munich stores in March.

French sales increased by 4% year-on-year

Sales of leather goods and harnesses increased by 15% year-on-year, thanks to the diversification of product lines and styles, especially for Constance, Verrou, Halzan, Lindy, Replica Hermes Birkin Handbags and Kelly, which accounted for 50% of Hermes sales. %

Sales of ready-to-wear and accessories increased by 8% year-on-year, thanks to the success of the latest ready-to-wear, jewellery accessories and footwear

Sales of scarves and other textile products increased by 9% year-on-year, down 9.2% year-on-year

Perfume sales soared 19% year-on-year, thanks to the success of Terre d'Hermès and the launch of the new Eau des Merveilles Bleue and Galop d'Hermès

Watch sales decreased by 6% year-on-year, which was affected by the downturn in the overall industry environment.

Sales of other product lines (including jewelry, lifestyle art, etc.) increased by 17% year-on-year

Hermès said that due to the destabilizing factors in the world economy, geography and money markets, the Group is temporarily unable to predict the sales situation for the whole year based on the data in the first quarter.

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