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In the first half of 2018, the French fashion house Hermes increased its revenue without taking into account the change in the exchange rates by 11.2% in annual terms to 2 billion 853 million euros against the background of improved performance in all geographic regions and business areas. Sales in the leather goods segment increased by 1.5%. Realization of clothes and footwear increased by 10%, perfumes - by 14%. Revenues of Hermes in Japan decreased by 1.1%. In the Asia-Pacific region, excluding Japan, the indicator grew by 7.4%. In France, sales grew by 8.2%, in the rest of Europe – by 5.3%. Despite the growing economic, monetary and geopolitical uncertainties in the world, Hermes expects an increase in revenues in the medium term without taking into account changes in the exchange rate.
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
Gold traded lower earlier on Thursday in Asia but still remained above the $1,800 mark for three consecutive days. Gold futures lost 0.04% to $1,819.95 per ounce at 10:22 PM ET (3:22 AM GMT), with the yellow metal holding on to gains from ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
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