France
Prada buys French tannery
Italy based group announced the acquisition of the historic tannery Tannerie Mégisserie Hervy, located in Isle, near Limoges (France)
Hermès continues with earnings growth
In the first half of 2014, the group’s consolidated revenue totaled 1 907 million euros, an 8% rise (+12% at constant exchange rates). Operating income amounted to 621 million euros (33% of sales) and net income rose by 8%
Louboutin announces Maleficent-inspired heels
The shoes results from a partnership of the famous shoe designer Christian Louboutin and Angelina Jolie, and have been modeled by the actress in various red carpets
Hermès with strong sales and earnings growth
Hermès, the France based luxury goods group, announced revenue of 3 755 million euros in 2013, up 7.8% from 3 484 million euros in 2012. Operating income rose 8.9% and reached 1 218 million euros. Proposed dividend is 2.70 euros per share-
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