×
109
Fashion Jobs
LIMEAPPLE APPAREL
Ecommerce Expert With Digital Marketing Skills
Permanent · CHENNAI
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
Published
Mar 2, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hermès India sees a 55 percent rise in net profit to Rs 19 crore

Published
Mar 2, 2020

The Indian unit of Hermès International has witnessed a 15 percent jump in its net profit to Rs 19 crore ($2.7 million) for the financial year 2019 with revenue of Rs 110 crore.
 

Hermes India sees a 55 percent rise in net profit to Rs 19 crore - Hermès Canada


Despite the economic slowdown, the luxury brand managed to post strong growth in both sales and profit for the fiscal year.
 
Hermès India had reported a net profit of Rs 12 crore during the last financial year on a sales revenue of Rs 98.8 crore, according to its filings with the Registrar of Companies (RoC) accessed by the Economic Times.

Many luxury brands that earlier stayed away from India due to red tape, high taxes and lack of retail infrastructure are now turning their focus to the country, as they see huge potential for growth.
 
Recently, luxury goods retailer Louis Vuitton India Retail, which operates Louis Vuitton in India, had reported a 24 percent rise in its net profit to Rs 16 crore on revenue of Rs 245 crore.
 
Luxury retailers like Hermès and Louis Vuitton are riding on the value of India’s luxury goods segment, which is estimated to be worth $8 billion, according to market research firm Euromonitor. It is expected to grow 7 percent over the next three years.

Hermès currently has two stores in India, in the metro cities of Mumbai and Delhi.

Copyright © 2021 FashionNetwork.com All rights reserved.