Hermes International growth 8%, revenues €4,841 millionStaff writer ▼ | February 10, 2016
Hermes International's consolidated revenues amounted to €4,841 million in 2015, up +18%. At constant exchange rates, growth was 8%.
Hermes International America (+7%) pursued its growth
America (+7%) pursued its growth, in spite of a contrasting environment and a high comparison basis. At the end of the year, a new flagship store opened in Miami and the Houston and Dallas stores were renovated and extended.
Europe (+9%) performed well in the Group's stores, particularly with the renovation and extension of the Bond Street store in London and the Gum store in Moscow. France (+6%) fared well, despite the negative impact of year-end events.
At the end of December, currency fluctuations represent a positive impact of €389 million on revenues. During 2015, Hermes International redeemed 10,539 shares for €3.5 million, excluding transactions completed within the framework of the liquidity contract. ■