According to reports, Hermès profits rose 9% to a record €859 million ($942.4 million).
The company’s sales were up nearly 10% (or 11% at constant exchange rates) to €4,119 million.
Hermès had a good year, but it seems that leather goods such as Birkin bags, wallets, and even saddles account close to half of the Hermès business.
The comapny announced a bonus dividendof €5 per share to investors on top of a regular €2.95 per share dividend.
The acknowledged were told to be little cautious in 2015, setting a slightly lower goal for sales growth in light of “economic, geopolitical and monetary uncertainties around the world.â€
The company reported 15% growth in the category in 2014.
Hermès might have paid more for its raw materials, as leather prices went up in 2014 thanks to a shrinking US cattle herd.
The company believes that its supply chain did benefit from two new factories in France to support the demand for leather goods.
Sales of watches—the only category to show decline—were down 11%.
The company cited a particular slowdown in China, where a crackdown on corruption has put a damper on sales of expensive watches.