Hermes jewelry 2016 a poor start sluggish sales of all categories of non-leather decline

Cheap Hermes Jewelry
Cheap Hermes Jewelry

Fashion headlines news report: French luxury brand fake Hermes jewelry category in addition to the Group in the first quarter performance is quite satisfactory, the other product category sales were down, compared to double-digit growth last year, the latest quarter weak growth performance is slowing down.

As of March 31, Hermes leather goods sales rose 15.5%, silk fabric sales fell 9.5%, perfume sales fell 3.5 percent, the watch sales fell 3.3%, clothing and fashion accessories sales decreased by 2.3%, other product categories, including jewelry and home product sales fell 18.2%.

Some products Hermes kncokoff jewelry Group sales declined, the Group’s total sales for the quarter rose 6.1% to 1.19 billion euros, based on constant exchange rates, revenue increased by 6.2 percent, more than competitors KERING and LVMH Group’s revenue growth, KERING LVMH Group and organic growth for the quarter was 4%.

By region, on the basis of constant exchange rates, sales in Japan recorded a 12.6% increase, excluding Europe recorded a sales growth of 11.6%, including France, the French regional sales recorded a 5.6% growth in sales recorded in the United States of 4.4% growth in the Asia-Pacific region excluding Japan recorded sales of 3.9% growth.

Replica Hermes Collier De Chien Bracelet noted strong sales offset weakness in China’s Hong Kong and Macao sales, including sales of the watch category was particularly weak.

Hermes Group, noted that consumer demand for leather has continued, thanks to the newly added Isère and Charente two production plants. April 15, Hermes replica jewelry held a seminar in France Héricourt, decided to build a third production plant in eastern France.

Analysts pointed out that Hermes Group earnings growth slow significantly into the channel, the third quarter of fiscal year 2015 thanks to strong sales of clothing and accessories, sales rose 15.4% in the fourth quarter recorded a sales rise of 7.2%, while the 2016 fiscal year first quarter sales fell again, recorded a rise of 6.1%, far lower than the growth last year.

Group reaffirms due to the uncertainty of the international economic, geopolitical and currencies, Hermes clic clac h bracelet replica expects 2016 revenue growth may be less than 8% medium-term target.

The stock market value of about 32.5 billion euros Hermes Group remains the world’s fastest-growing luxury one company, according to the Deloitte & Touche report showed consumer brand resonance and measure the value of the rating, the number of Hermes luxury brand ranked third, ahead of Prada, Ralph Lauren and Burberry and other brands.

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