Demand For Handbags And Shoes Is Booming, And Silk Products Continue To Rebound.

According to the world clothing and shoe net, the sales growth of Herm s International SCA (HRMS.PA) and Hermes international slowed down in the two quarter from double-digit to single digit, but analysts thought the situation was in line with expectations.

Sales growth in the two quarter slowed down from 11.2% in the first quarter to 8.3%, slightly lower than expected in the 11.2% quarter. France, Asia Pacific and

There has been a significant deceleration. Analysts have already predicted that the increase in the production capacity of leather goods will create an unfavorable contrast base in the same period last year.

Axel Dumas Dumas, chief executive, today emphasized the double digit growth in China in the two quarter, especially in Europe and London, and the overall sales momentum was good. The demand for handbags and shoes was strong, and silk products continued to rebound.

Herm s International SCA, Hermes international will continue to increase its capacity to meet the demand increase after the luxury industry started to pick up last year, so as to drive the group to achieve its medium-term revenue target.

Axel Dumas revealed that the group opened two workshops in France in May this year, adding 220 jobs.

He expects sales of leather goods this year will grow at a rate of about 10%, while the growth rate of the first quarter and the two quarter of the constant exchange rate will be 15% and 9.7% respectively.

In the two quarter, watch sales resumed growth, rising 2.9% compared to the same period, while the market expected to fall by 3.5%.

Axel Dumas explains that this is due to the low base of the same period last year and the group's retail efforts, which does not mean that the clock industry is recovering.

Two quarter Herm s International SCA

The international revenue reached 1 billion 361 million 300 thousand euros, up 8.9% from 1 billion 249 million 700 thousand euros in the same period last year.

The median income amounted to 2 billion 713 million 100 thousand euros, an increase of 11.2% over the same period last year.

Now the Group expects its operating profit margin in the first half of fiscal year to be close to the peak of 33.9% in the same period last year.

The full interim results will be announced in September 14th.

Herm s International SCA (HRMS.PA), the largest decline in late Friday, dropped by 1.2% to 434.5 euros, narrowing the cumulative increase since 2017 to 11.5%.

RBC Capital Markets LLC and its capital market maintained its rating on the "flat market" of the stock. Its analysts believe there was no surprise in the two quarter.

Herm s is a famous luxury brand in the world. It was founded in 1837 by Thierry Herm s in Paris, France. It was built in the early years to manufacture advanced harness, and has a long history of over 170 years.

Hermes is an international company that is loyal to traditional handicrafts and is constantly pursuing innovation. As of 2014, it has seventeen kinds of products, such as bags, scarves, ties, men's, women's wear and life works of art.

Hermes's main store is located in Paris, France, and its branches all over the world. In 1996, Beijing opened the first Hermes store in China. "Hermes" is the unified Chinese plation of Greater China.

Hermes has been adhering to the excellent design and brilliant design concept, creating a traditional model of elegance.

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