Hermes 38% of sales from China

According to Korea, “Chosun Ilbo” reports, Daegu, South Korea’s Hyundai Department Store Shopping Hermes Kelly counter will be opened November 1, but the staff are very upset recently. The reason is there have been a phone call the customer order bag, but not enough goods to meet customer needs. Especially China National Day holiday (from 1 to 7 days) to South Korea during the Chinese tourists buying handbags and scarves and other items, resulting in shopping malls want to sell no goods to sell.

Chinese people’s purchasing power, more than 10 million won to bag “world out of stock.” Hermes Picotin official said: “This is not just South Korea, the world is out of stock phenomenon, the situation is somewhat arbitrary, although the number of artisans to expand each year, but orders for straight up, or in short supply.”

“World Luxury Association,” the report shows that 38% of Hermes Plume sales from China. Last year, China’s consumer market scale, Hermes net profit over the previous year increased by 46%.

With China, Hong Kong, Macao and other regions of the surge in sales, the market size of Hermes in Korea may be reduced. Hermes Handbags official said: “States have different sales quotas, South Korea starting next year, the quota may be reduced because of China’s purchasing power is amazing.”zhengyiqiong/Dec.blog


Hermes 38% of sales from China

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