PARIS — Aided by disposals and accelerating sales in the second half of 2007, full-year net profits at Hermès International rose 7.3 percent to 288 million euros, or $394.8 million, from 268.4 million euros, or $337.2 million, a year ago.
"We had very good results from our growth engines: silk, men's ready-to-wear, fashion accessories and jewelry. This did boost the figures," said Patrick Thomas, chief executive officer at Hermès. "We are very pleased."
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)