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Hermes International SCA, the French maker of Kelly handbags and silk scarves, raised its target for annual revenue growth and said first-half operating profit shoulgrow “significantly” more than sales.

“Hermes is well positioned in a buoyant luxury-goods market, delivering fast sales and earnings growth while keeping its status as one of the most exclusive brands around,” Pierre Lamelin, an analyst at CA Cheuvreux in Paris, said in an e-mailed note. He rates the stock “underperform.”

The quarterly revenue increase was led by the Asia-Pacific region where wealthy consumers are purchasing more high-end watches and accessories. Worldwide sales of luxury goods may rise 8 percent this year as demand strengthens in the U.S. and Europe and emerging-market shoppers splurge on costly handbags and and various, Bain & Co. said in May.

TX- Hand sewn custom leather handbags which has a twist of urban indie chic that scream luxury are the words to describe the Jocas Handbags line. Jocas Handbags was recently invited by the ever popular green retailer One Green Street located at 5160 Buffalo Speedway Houston, TX 77005 to carry their handbag line. The team at One Green Street felt that the would be a great line to carry in the store because the bags are custom- hand sewn, local and made of recyclable leathers. One Green Street officially started carrying the line on July 1st, 2011.

Taking her gifted talent of design and craftsmanship with her understanding of women's love of luxury handbags bags, Henderson decide to create beautiful leather handbags with an eclectic twist. Jocas Handbags are made of leathers, exotic snakeskins and cow hides with each bag individually crafted in order that no two bags are alike. Henderson recently said "I want to bring back the mystique and creativity of the indie designer that serves as an inspiration for all".

YMI, a leading junior lifestyle brand most commonly known for its top selling denim, recently announced that the company has reached an agreement with Blank Generation of Los Angeles, Ca., for all categories of junior footwear, handbags and small leather goods. Blank Generation's Noir Empire division will assume responsibility for that YMI product and has added additional infrastructure to support this major initiative.

YMI, a leading junior lifestyle brand most widely known for its top selling denim, recently announced that the company has reached an agreement with Blank Generation of Los Angeles, Ca., for all categories of junior footwear, handbags and small leather goods. Blank Generation's Noir Empire division will presume responsibility for the YMI product and has added additional infrastructure to support this major initiative.

The footwear and handbag collections were unveiled in June in New York at FFANY, one of year's most important footwear shows. Trendy pumps, flats, wedges, boots and booties are slated for Fall delivery together with assorted handbags that will compliment the footwear designs.

China, the world's fastest developing market for luxury goods, is expected to reduce or scrap taxes on imported high-end products to boost domestic consumption, state media reported earlier this week.

A new tax system for luxury products is to be introduced by October 1, the 21st Century Business Herald said -- the beginning of a week-long holiday for National Day and a shopping frenzy for Chinese consumers.

China's steep luxury taxes -- which are as high as 60% -- have for years sent well-heeled shoppers swarming to Hong Kong and Europe for goods such as Louis Vuitton handbags and Rolex watches to avoid the hefty tariffs.

The finance ministry's revamped system will reduce and sometimes remove taxes for products such as watches, clothes, shoes, suitcases, cosmetics, perfumes and milk natural powder, the newspaper said, citing unnamed sources. 

Kate Spade New York is coming to the Country Club Plaza.

The retailer will require a 1,490-square-foot space at 321 Nichols Road for a Sept. 22 opening. Its shops sell items including handbags, clothing, jewelry, shoes, stationery, eyewear and hosiery.

The brand began when Kansas City-born designer Kate Brosnahan developed a sleek handbag that became a phenomenon in the fashion industry.

Liz Claiborne bought the brand in 2007, and there are now 36 Kate Spade stores across the United States and more than a hundred stores overseas.

Kate Spade New York is going to be next to Michael Kors, which promises to open this fall. The two stores will be part of the former Eddie Bauer space. Eddie Bauer moved one block west to 440 Nichols Road.

New Online Eco Boutique features Handbags, Watches, Clothing, Jewelry and Accessories that can be environmentally friendly and focused on fair trade. Materials include vegan leather, hemp, organic cotton, recycled inner tubes and tires, PET plastics, resourced woods and fabrics, and bamboo.

The online boutique is a collection of sophisticated and earth friendly fashion lines produced from innovative materials by people paid a fair wage for their labor.The main focus of the business is to provide an easily accessible, user friendly shopping venue for the savvy shopper that wants to reduce their environmental impactand make socially responsible purchases. "We want to raise awareness of environmental and social issues, and hope to inspire people to question the impact of their choices by providing a retail outlet with a blog forum to encourage dialogue and education on these issues,¡"says Thomas LeBron, Managing Member of La Terra Bella. "We are actively seeking new local vendors in line with our core values."

Because La Terra Bella believes it is important to give back and to support the environment and our communities; it is a member of 1% for the Planet and Trees for the Future. From now until the end of September 2011, all purchases will help support Oceana; the largest international organization working solely to protect the world¡¯soceans. Also, through a partnership with Trees for the Future, La Terra Bella will plant ten  trees per each order placed in countries where they are needed most.