Luxury brands Gucci and Hermes posted sparkling profits
on August 30th, 2008 at 9:51 amLuxury goods firms are benefiting as much from the economic turmoil as low-cost food and clothing companies at the other end of the retail spectrum Luxury brands Gucci and Hermès yesterday posted sparkling profits as fears of recession in traditional markets were brushed aside by soaring demand from the well-off. Gucci parent PPR said first-half […] ↓ Read the rest of this entry…