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Hermes Seeks Growth by Outfitting Luxury Lifestyles From Afar

  • Hermes adds $40,000 watches, $6,000 saddles to website
  • Luxury industry tries to maintain growth after 2017 boom
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After last year’s luxury boom, Hermes International wants to maintain the momentum with a revamped website that lets well-heeled shoppers buy everything from $600 silk scarves to $6,000 jumping saddles without leaving the Jackson Hole ranch.

Growth eased for Paris-based Hermes during the holiday season as the French luxury-goods maker ran low on leather items. Fourth-quarter sales rose 4.6 percent at constant exchange rates, less than half the rate of the previous three months, the company said Thursday.