Despite the economic doom and gloom, it’s business as usual at Hermes. The French luxury goods group recently reported relatively stable 2009 sales.
But Hermes doesn’t have their head in the sand – according to a Reuters article, their Chief Executive Patrick Thomas warned shareholders during their annual general meeting that “it would be an illusion to think the group would be shielded from the crisis.”
Long live Hermes’ stability we say! Something is right in the world.