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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
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sr. Manager - Technical - Garments Industry Background
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Executive For Online Product & Order Management
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Customer Sales Executive (Female)
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PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
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Senior Technical Product Manager, Inventory & Order – Apla
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Senior Technical Product Manager, Finance – Apla
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Senior Technical Product Manager, Core Erp – Apla
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OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
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HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters API
Published
Oct 31, 2017
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Hermes saddles up for luxury rebound with new leather workshops

By
Reuters API
Published
Oct 31, 2017

Hermes, the French label known for its $10,000 (7,572.89 pounds) - plus Birkin and Kelly bags, plans to add two leather goods workshops in France by 2020 to meet a recovery in demand for luxury goods.


Hermes said on Monday it would be hire 500 people in total for the two new sites and is already on course to add some 250 in France, where it employs just over 8,000 people, this year - Reuters


Like LVMH and Kering, Hermes has reported a sales bounce this year as Chinese shoppers in particular buy more high-end products.

Hermes said on Monday it would be hire 500 people in total for the two new sites and is already on course to add some 250 in France, where it employs just over 8,000 people, this year.

More than 3,000 work at its 15 existing French workshops specialised in making saddles, luggage and other leather goods.

Hermes is also known for its printed silk scarves and neckties and makes perfume and watches, but its leather division - home to coveted handbags that are often only available through a waiting list - is its biggest revenue driver.

Sales in that unit were up 12.2 percent in the first half of the year at constant exchange rates, while revenue across the group grew 9.7 percent.

The broader luxury goods industry is enjoying a comeback after several years as Chinese demand improves following a slowdown, and younger shoppers worldwide show a growing taste for high-end goods, boosting online sales.

Many firms are wary about 2018, however, as comparatives become less favourable following a buoyant year for growth. A strengthening euro is also making a dent in earnings when converted into the currency, and could put off some buyers.

Hermes is due to report third quarter sales on Nov. 8.

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