REVENUES UP AT HERMES
PARIS — Hermes International reported revenues in the first nine months of 1994 gained 24.7 percent against a year ago to $445.3 million (2.32 billion francs) at current exchange.
Same-store sales gained 18.3 percent in the period.
The company noted that its silk, leather, and clock and watchmaking segments posted sharp gains, while sales of perfumes remained flat.
In the full year, Hermès said it expects to show improvement in both revenues and profit from continuing operations.