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Hermes Gets (Economically) Stimulated

Hermes Gets (Economically) Stimulated

hermes.jpg
Well this is exciting news!
Hermes third-quarter sales reflect a 10% increase, bolstered by strong retail performance throughout the quarter. Sales within the stores rose about 18% while wholesale revenues dropped about 13%, a smaller decrease than that of the period prior. Hermes says that if the trend continues, it will exceed projected sale expectations.
Looks like people are starting to buy in a big way!
Very exciting news.
[Image via AP Images.]

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Nov 09, 2009 13:30pm PDT

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