"Hermes will raise prices this year by more than it did last year"

[MSimis]

Buy whatever you can find now....

http://www.businessweek.com/news/20...-dividend-after-2011-profit-exceeds-estimates

The good news is that they are only opening three new stores in 2012, so maybe they can get merchandise to their existing stores!

 

[Heatherlite]

Buy whatever you can find now....

http://www.businessweek.com/news/20...-dividend-after-2011-profit-exceeds-estimates

The good news is that they are only opening three new stores in 2012, so maybe they can get merchandise to their existing stores!

Twice in one year with record profits, alongside their insensitive new policies? I'm done!

 

[lilluvangel]

Omg :'(

 

[papertiger]

Trop gourmand :sunnies

 

[jmen]

Record profits???? Their stock isn't reflecting record profits. Did I miss somethang (again), lol.

 

[orangeboxaddict]

Twice in one year with record profits, alongside their insensitive new policies? I'm done!

I can't read the article from my phone!! Does it really say price increase twice a year this year?!!! Omg.......

 

[miss oinky]

Hermes to Pay Bonus Dividend as Profitability Hits Record

http://www.bloomberg.com/news/2012-...dend-after-2011-profit-exceeds-estimates.html

 

[Chez Capri]

They just had one of the highest increase on record ... seriously?!

 

[bfly]

Are they trying to be like Chanel now, increasing their prices twice a year? Oh myyyyyy

 

[birkinglover]

 

[chkpfbeliever]

I just read the article. Are they insane about another price increase ? My favorites 90 carre is already $410 and are they planning to push it to $500 ? What about the cashmere shawls ? $1.5K ? I'm going to have to buy less since I've a set budget each year.

 

[ouija board]

I don't see where it says a second increase this year. Just that in 2012 they will increase prices more than in 2011. And boy did they ever. Certainly another increase would put them way over 2011 prices, but let's hope Mr. Thomas was referring to the increase that already happened.

 

[djmm]

I should put this reasoning on my next performance review.
Hermes just increased the damn price again.

 

[cr1stalangel]

^^ :lolots:

 

[hopiko]

I should put this reasoning on my next performance review.
Hermes just increased the damn price again.

Yes, demand a "cost of living" adjustment to offset the H price increase.