Hermès’ alleged conduct could even bolster competition, the judge suggested, by prompting shoppers to buy a rival’s bag in order to avoid the need to purchase additional Hermes accessories.
An icon in the shape of a lightning bolt. Impact Link If the luxury slump is an epidemic, Hermès is managing to stay immune. A week after LVMH announced dismal third-quarter earnings and a day ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French luxury group Hermès has continued to defy the broader global downturn in the sector as it posted a ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealth creation benefits everyone. But when those who have do better than those who do not, luxury stocks ...
This landmark investment — one of the largest for an enterprise SaaS company this year — brings Zip's valuation to $2.2 billion, a significant increase from its $1.5 billion valuation in 2023.