Hermes Tokyo

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Just FYI on Hermes' financial stats which back up Jadeite and others' observations that Japanese buyers bought up all the H inventory before my 21 March visit! :)

Agence France Presse English Wire
Copyright AFP

April 29, 2014

Hermes says Japanese buyers boost first-quarter sales
Sales in Japan helped French luxury fashion group Hermes to raise sales by 10.1 percent in the first quarter of the year, the group known for its scarves and ties reported on Tuesday.

An "exceptional" performance in Japan boosted overall sales by comparison with the figure 12 months ago to 943.5 million euros ($1.3 billion), the company said, but sales in Europe were affected by a gloomy economic climate.PARIS, April 29, 2014 (AFP) -

At constant exchange rates, total sales rose by 14.7 percent. Unfavourable exchange rates had cut sales expressed in euros by 40 million euros.

However, the performance by Hermes shop outlets had been "remarkable", boosting the overall sales figure by 16.7 percent on a basis of constant exchange rates.

Hermes said that sales in Japan in the first quarter had benefited from buying before prices and consumer taxes went up, and this had pushed Japanese sales up by 21.7 percent at constant rates, and by 5.8 percent at current exchange rates to a total of 116.7 million euros.

In Asia, excluding Japan, sales rose by 17.7 percent to 329.3 million euros, or by 12.8 percent at current exchange rates

In China, where several luxury products groups have suffered from an anti-corruption clampdown on ostentatious entertainment and spending, sales had risen, Hermes said without providing details.

Markets in North America had shown their potential, since sales there had risen by 17.9 percent to 150.1 million euros, or by 12.9 percent at current rates.

In Europe sales rose by 7.9 percent to 329.2 million euros.
 
Just FYI on Hermes' financial stats which back up Jadeite and others' observations that Japanese buyers bought up all the H inventory before my 21 March visit! :)

Agence France Presse English Wire
Copyright AFP

April 29, 2014

Hermes says Japanese buyers boost first-quarter sales
Sales in Japan helped French luxury fashion group Hermes to raise sales by 10.1 percent in the first quarter of the year, the group known for its scarves and ties reported on Tuesday.

An "exceptional" performance in Japan boosted overall sales by comparison with the figure 12 months ago to 943.5 million euros ($1.3 billion), the company said, but sales in Europe were affected by a gloomy economic climate.PARIS, April 29, 2014 (AFP) -

At constant exchange rates, total sales rose by 14.7 percent. Unfavourable exchange rates had cut sales expressed in euros by 40 million euros.

However, the performance by Hermes shop outlets had been "remarkable", boosting the overall sales figure by 16.7 percent on a basis of constant exchange rates.

Hermes said that sales in Japan in the first quarter had benefited from buying before prices and consumer taxes went up, and this had pushed Japanese sales up by 21.7 percent at constant rates, and by 5.8 percent at current exchange rates to a total of 116.7 million euros.

In Asia, excluding Japan, sales rose by 17.7 percent to 329.3 million euros, or by 12.8 percent at current exchange rates

In China, where several luxury products groups have suffered from an anti-corruption clampdown on ostentatious entertainment and spending, sales had risen, Hermes said without providing details.

Markets in North America had shown their potential, since sales there had risen by 17.9 percent to 150.1 million euros, or by 12.9 percent at current rates.

In Europe sales rose by 7.9 percent to 329.2 million euros.

Thanks for sharing! I hope that means H stores in Japan will stock up well in the coming months! I cant wait for my October trip to Tokyo!! :graucho:
 
I have seen this L'ecrin online boutique. I am concern about Authenticity but also Customs. Any one has experience with customs after buying in L'ecrin online boutique? How expensive in percentage was L'ecrin compare to US price? Thanks so much in advance.
 
Thanks for sharing! I hope that means H stores in Japan will stock up well in the coming months! I cant wait for my October trip to Tokyo!! :graucho:

My pleasure, SummerSmile! Surely they will be very stocked up and you will have great success in October!

Thanks for the information. I will be in Tokyo next month. Hope to visit Lecrin.:smile1:

You're welcome aabdramos - please do give us an update after your trip next month! Lecrin is really a wonderland - it is amazing to see so many options all at once, like a Birkin dream come true!
 
Hi, I am going to Tokyo and Osaka next week and hoping to get a Birkin30. How is the stock for this one? Does anyone know? :smile1: Really hoping I can get it this month!


Just back from Tokyo. Inventory overall is very very low, mostly men's bags. No Bs Ks etc not even wallets. Resellers have excellent stock though.
 
Just back from Tokyo. Inventory overall is very very low, mostly men's bags. No Bs Ks etc not even wallets. Resellers have excellent stock though.


Hi Jadeite! Thanks for the update! I'll be visiting tokyo in mid July. Are there any H stores that are worth visiting?? It seems from previous posts that only the resellers are worth our time. Lol..
 
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