Hermes $10,000 Birkin Purse Seen Leading to Record Sales

bloomberg.com 11 Feb '13, 2am

Hermes $10,000 Birkin Purse Seen Leading to Record Sales

For decades, fashionistas have known that a Birkin bag is a safe style bet -- if you can get your hands on one. That demand makes its producer, Hermes International SCA, the surest bet in the luxury industry when it comes to sales growth. With waiting lists that can run more than a year for a $10,000 purse, demand for Hermes handbags shows how the Paris- based company, which analysts estimate will report record revenue tomorrow, is capable of determining its own financial performance. Unlike LVMH Moet Hennessy Louis Vuitton SA, which last month reported stagnant revenue growth at its fashion and leather-goods unit, Hermes sales are constrained mainly by manufacturing capacity and the brand’s own desire to remain exclusive. While the industry will struggle to accelerate growth this year, sales at the very highest end of luxury -- Hermes’s domain -- are forecast to outperfor...

Full article: http://www.bloomberg.com/news/2013-02-10/hermes-10-000-bi...

Tweets

@LayneRandolph » 09 Mar '13, 9pm
Hermes $10,000 Birkin Purse Seen Leading to Record Sales 11Feb2013 - Bloomberg [link]
@BloombergMuse » 17 Feb '13, 1am
Hermes sales are constrained mainly by manufacturing capacity and the brand’s own desire to remain exclusive [link]
@IlyaBeraha » 15 Feb '13, 10pm
Let'em Eat Cakes!!! Hermes $10,000 Birkin Purse Seen Leading to Record Sales - Bloomberg [link]
@hermes_experts » 13 Feb '13, 1am
RT @FIDMMuseum: Interesting read on the economics of an Hermes handbag. [link]
@FIDMMuseum » 12 Feb '13, 6pm
Interesting read on the economics of an Hermes handbag. [link]
@RefGao » 12 Feb '13, 12pm
“@chilibweT: "@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]" --the power of exclusivity
@chilibweT » 12 Feb '13, 11am
"@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]" @RefGao
@tweetorit » 12 Feb '13, 9am
Luxury at it's best! Hermes $10,000 Birkin Purse Seen Leading to Record Sales - Bloomberg via @BloombergNow [link] #branding
@UncommonUpdate » 12 Feb '13, 4am
Hermes $10,000 Birkin Purse Seen Leading to Record Sales: For decades, fashionistas have known that a Bi... [link] #luxury
@Anna_C_H » 12 Feb '13, 4am
I'm glad that Hermes not going 'masstige'.RT @BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]
@takaBull » 12 Feb '13, 2am
Hermes $10,000 Birkin Purse Seen Leading to Record Sales [link] @BloombergNewsさんから
@hermes_experts » 12 Feb '13, 12am
RT @plarrain: Hermes $10,000 Birkin Purse Seen Leading to Record Sales [link]
@aljazzaf » 11 Feb '13, 10pm
Hermes $10,000 Birkin Purse Seen Leading to Record Sales $LVMH [link]
@DanitaBlackwood » 11 Feb '13, 10pm
Fashion gold? ‏Hermes $10,000 Birkin purse leading to record #sales> [link] #business
@felipechicoh » 11 Feb '13, 8pm
“@BloombergNews: $10,000 Hermès Birkin bag leads the "absolute luxury" atelier to record sales | [link]” @MarianaOlazabal
@Money_Maay_F » 11 Feb '13, 7pm
Hermes bag $10,000 - Bloomberg via @BloombergNow [link]
@jammy_sod » 11 Feb '13, 7pm
RT @_Midtowngirl: "The limit to what Hermes sells is how much it can produce … Revenue is what they decide it’s going to be" [link] …
@BNCommodities » 11 Feb '13, 7pm
The #Birkin bag trend is a sure thing | [link]
@tandomaps » 11 Feb '13, 6pm
Mmmmmh RT @BloombergNews: $10,000 Hermès Birkin bag leads the "absolute luxury" atelier to record sales | [link]
@liveitlikebenz » 11 Feb '13, 6pm
That must be Lolong RT @Euromonitor: Hermes $10,000 Birkin Purse Seen Leading to Record Sales [link] via @BloombergNews
@BloombergNews » 11 Feb '13, 5pm
$10,000 Hermès Birkin bag leads the "absolute luxury" atelier to record sales | [link]
@MA_Nouroumby » 11 Feb '13, 4pm
Hermes Birkin Leading to Record Sales: @Euromonitor 'They haven’t made themselves too accessible and it protects them.'[link]
@cdnbackbacon » 11 Feb '13, 3pm
Hermes $10,000 Birkin Purse Seen Leading to Record Sales [link] via @BloombergNews humanity gone wrong...
@Design_Kat » 11 Feb '13, 3pm
Hermes $10,000 Birkin Purse Seen Leading to Record Sales #Fashion #Pope [link] via @BloombergNews
@reflexions » 11 Feb '13, 3pm
Growth by "deliberate constraint of supply" -- The Hermes Phenomenon > [link] via @BloombergNews
@pegobry » 11 Feb '13, 3pm
RT @minakimes: interesting story on Hermes, which has mastered the art of the "underexploited brand" [link]
@minakimes » 11 Feb '13, 3pm
interesting story on Hermes, which has mastered the art of the "underexploited brand" [link]
@sapnam » 11 Feb '13, 3pm
RT @taralach: #DidYouKnow waiting lists can run more than a year for a $10,000 Birkin bag? [link] via @BloombergNews #hermes
@taralach » 11 Feb '13, 3pm
#DidYouKnow waiting lists can run more than a year for a $10,000 Birkin bag? [link] via @BloombergNews #hermes
@dineon1 » 11 Feb '13, 2pm
RT @Sego1gp: Sigh “@dineon1: RT @BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]”
@Sego1gp » 11 Feb '13, 2pm
Sigh “@dineon1: RT @BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]”
@John_Palicka » 11 Feb '13, 1pm
Hermes $10,000 Birkin Purse Seen Leading to Record Sales..yes has been on our portable wealth list..buy at auction [link]
@trdollar » 11 Feb '13, 1pm
"@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]" @lanyoka
@JohnnyUtah6464 » 11 Feb '13, 12pm
So this is what my wife has been hinting at? RT @BloombergNews: Hermes $10,000 Birkin purse leading to record sales | [link]
@MarkinCHS » 11 Feb '13, 12pm
“@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]” #badass
@bobbybwoi » 11 Feb '13, 12pm
This luxury business. Is no joke though "@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]"
@njaprettydress » 11 Feb '13, 12pm
Colleague's quote:"Further explanation of why #Hermes is impermeable to economic downturns" [link] via @BloombergNews #fashion
@Xtupac » 11 Feb '13, 12pm
RT @ilpadrino75: "@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]"منو تبي ايب لها وحده #لاتصدقون_فخ
@FAT_Pak » 11 Feb '13, 11am
The 10k USD Birkin driving record sales for Hermes. #Pakistan has contributed to this. YAY! [link] #CT
@ilpadrino75 » 11 Feb '13, 11am
"@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]"منو تبي ايب لها وحده #لاتصدقون_فخ
@c_tourre » 11 Feb '13, 11am
RT @emma_ducros: A s'offrir pour se consoler de la crise ? RT@BloombergNews Hermes $10,000 Birkin purse seen leading to record sales [link]
@CinemaMag » 11 Feb '13, 10am
RT @OliviaSterns: "#Hermes sets its own profit" "@BloombergNews: $10,000 #Birkin purse seen leading to record sales | [link]"
@OliviaSterns » 11 Feb '13, 10am
"#Hermes sets its own profit" "@BloombergNews: $10,000 #Birkin purse seen leading to record sales | [link]"
@moneybaggzdre » 11 Feb '13, 10am
“@BloombergNews: Hermes $10,000 Birkin purse seen leading to record sales | [link]” @onebadredbitch
@haute_lifestyle » 11 Feb '13, 10am
@BloombergNews Herme Birkin sales out performed [link]
@lizNNP » 11 Feb '13, 10am
Hermes $10,000 Birkin Purse Seen Leading to Record Sales: Retail: What Recession?! [link]
@NathanBranch » 11 Feb '13, 10am
"The limit to what Hermes sells is how much it can produce … Revenue is what they decide it’s going to be" - [link]
@abbaslakda » 11 Feb '13, 10am
Hermes $10,000 Birkin Purse Seen Leading to Record Sales: Retail [link] Thanks to #Pakistan FM Hina Rabbani Khar
@vsyo » 11 Feb '13, 10am
СССР-2: Дамские сумочки Birkin за 10 тыс.дол. продаются только по записи. Срок ожидания: более года [link]
@Gerobos » 11 Feb '13, 10am
Hermes $10,000 Birkin Purse Seen Leading to Record Sales: Retail [link] $SPX #JSE #Alsi