They’re called It bags for a reason, with many thanks to Grace Kelly and Jane Birkin, of course.
The iconic French luxury brand Hermès just announced a 49.5 percent jump in first-half profits, with a net income totaling 290.9 million euros, or $418.6 million at current exchange rates.
It’s quite a chunk of change, even considering the Kelly and Birkin bags can easily go for tens of thousands of dollars a pop. But to keep up with ever-growing demand, the company has reportedly hired nearly 400 new employees.
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“We are selling at the rate we are producing,” Hermès CEO Patrick Thomas told the Guardian. "We haven't yet seen a reduction in the number of people coming into our shops, not even in Japan [following the earthquake and tsunami disaster] ... ”
So, if there’s a Kelly calling your name, get thee to an Hermès store! We have a feeling the whole waiting list phenomenon may soon come back into play, and a faux just won’t cut it ...
Is this a sign that the economical crisis is way behind us… or is it a new trend of investment & we will soon hear about it in "Wall street"
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