Some of the plans for Hermes in the future, I have found that they are beginning to raise their sell target as of 2011 because of the high demand. This is wonderful for the company seeing it means that consumers are buying their products up and demanding and higher quantity for them.
"French luxury company Hermes International SA (RMS.FR) Tuesday raised its sales forecast for the full year as strong demand in the U.S. and China boosted second-quarter sales."
"As it opens more stores to supply rising demand, Hermes said sales in 2011 will likely rise between 12% and 14%, excluding effects of currency fluctuations. The company's earlier forecast was for growth between 8% and 10%."
Also, SC Global Developments, a leading luxury residential property developer, today announced an exclusive collaboration with Hermès that will see the world’s first-ever apartment entirely decorated by Hermès at SC Global’s flagship development.
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