France
Asics opens first performance store in Paris
The Japan-based company is debuting a new retail design concept. The store will trial the new motion-sensor MOTION ID service which analyses running styles and advises consumers on most suitable footwear
Solid sales growth at Hermès
French-based company announced sales increase by 21% at current rates and 9% at constant rates. The group’s consolidated turnover for the first semester totaled 2 299 million euros
Hermès announces sustained sales growth
Growth rate for the first quarter of the year reached +19% at current exchange rates and +8% at constant exchange rates
Why Shoes?, a new thematic exhibition in France
The retrospective exhibition by Xavier G-Solis, was inaugurated last week at the International Footwear Museum in France
Vivarte continues its restruturing process
The France-based clothing and footwear giant announced that 1 344 net jobs will be lost in La Halle and 105 at Andre. The group will close 244 stores
Hermès with sales up by 11%
France-based luxury goods group announced fourth quarter sales growing by 11.8% at current exchange rate (9.6% at constant exchange rates). Annual revenue was up by 11.1% (9.7% at current rates)
Hermès with solid results
Sales for the third quarter were up by 10.6% (11.1% at constant rates), reaching 990.6 million euros
Foundation Louis Vuitton opens doors to the public
Monday 27th of October 2014 marks the public inauguration of the building designed by architect Frank Gehry. The space will become a new location in Paris for contemporary French and international artistic creation
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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