Wowsers! Hermès Sales Jump 23% in the First Half of 2010
The “Apple of the luxury goods industry” can really do no wrong.
Despite the fact that people still aren’t spending the way they were back in 2006–and might not ever–Hermès has seen sales jump 23% over the first half of 2010, thanks to a surge in the Asian market.
And the company believes that the second half of the year will exceed analyst expectations.
The reason behind Hermès’ steady success? Well, good products that never really date help. But so does a high operating margin.











