Despite the economic woes in the eurozone, French luxury product house Hermes has bagged better than expected profits for 2011, prompting the company to offer shareholders a dividend of €2 per share on earnings for the year, plus a one-off sum of €5 a share.
Sales for 2011 rose by 18.3 per cent to €2.84 billion, buoyed by tourist spending in Europe and increased demand in Asia and the Americas, pushing net income up by just...
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