Hermes International SCA Chief Executive Officer Patrick Thomas told Bloomberg that its sales are "booming" in China.
Hermes International SCA Chief Executive Officer Patrick Thomas said the French luxury-goods brand's sales are “booming” in China and elsewhere in Asia, while the U.S. market is "slightly positive."
Valentino CEO Stefano Sassi also told Bloomberg in a separate story that it is experience strong sales growth in China.
Revenue in China and Hong Kong jumped 40 percent in the past month, and the company expects that pace to continue, Sassi said backstage after the show, stepping aside as photographers rushed to snap pictures of Russian model Natalia Vodianova, who sported a small black Valentino dress. Sales in Japan were "not that bad," Sassi also said.
Both of the luxury groups also see growth in Europe and the U.S. stabilizing instead of falling like it was over the past twelve month.
