Hermes 38% Sales From China &Nbsp; South Korea Is Not Available For Sale.
According to Korea's Chosun Ilbo daily, the Daegu Hermes store in South Korea's modern department store will open in November 1st, but the staff are very upset recently.
The reason is that customers are constantly calling to order leather bags, but there is not enough goods to meet customers' needs.
Especially during the Chinese National Day holiday (from 1 to 7).
China
Tourists rush to buy items such as leather bags and scarves, so that the stores want to sell and have no goods to sell.
The purchasing power of the Chinese people has brought more than 10 million won leather bags to "global out of stock".
"Not just South Korea," said Hermes, "it is a bit of a mess in the world.
Although the number of craftsmen has been expanded every year, the supply of goods has risen sharply, or demand exceeds supply.
The report of the World Luxury Association shows Hermes.
Sale
38% of the amount comes from China.
Last year, as the consumption scale of the Chinese market expanded, the net profit of Hermes increased by 46% over the previous year.
As sales surged in mainland China, Hongkong and Macao, the market size of Hermes in Korea may shrink.
"Countries have different sales quotas," said Hermes.
The Republic of Korea
Quotas may begin to decrease next year.
Because China's purchasing power is amazing.
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