‘The Hermès Game’: how the luxury house is defying the slowdown
Nov 2, 2023 · In videos posted to social media, shoppers list products from lipsticks and sandals to chinaware and towels that they have spent thousands of dollars amassing to compete in what they call “the...
Hermès CEO Axel Dumas Describes Changes in Luxury Business at …
Apr 30, 2024 · Hermès CEO Axel Dumas voiced a positive outlook on luxury, and described key changes, at the company's annual shareholders' meeting.
Hermès' $151 Billion Family Fortune Is Europe’s Biggest
Dec 7, 2023 · Hermès is by far the luxury sector’s best performer this year, with a 35% gain in its shares, compared with a 5.3% rise for LVMH and a 15% slump at Gucci-owner Kering SA. Most industry analysts...
Hermès Reports Soaring Sales Of Birkins As Stand-Out Brand ... - Forbes
Jul 28, 2023 · Hermès on Friday reported a 21% rise in U.S. sales in the first half of the year—a stand-out report amid a luxury market that has depended on Asian buyers more than ever this year as American...
Hermes sales outstrip luxury rivals, send shares to record high
Feb 9, 2024 · PARIS (Reuters) -Hermes said it will further raise prices as its sales outpaced luxury competitors at the end of 2023, helping to lift shares in the Birkin bag maker to a record high.
Hermes sales outstrip luxury rivals, send shares to record high
PARIS, Feb 9 (Reuters) - Hermes (HRMS.PA) said it will further raise prices as its sales outpaced luxury competitors at the end of 2023, helping to lift shares in the Birkin bag maker to a record...
Hermès family signals plan to retain majority stake until at least …
Apr 20, 2022 · Hermès family members have unanimously agreed not to sell their shares in the company for at least two decades, in a move likely to fend off hostile takeover bids.
Hermes sales beat expectations, defying luxury sector gloom
Oct 24, 2023 · Sales at Hermes rose briskly in the third quarter, beating expectations and outshining rivals as economic headwinds did not stop its wealthy clientele from splurging on high-end Birkin handbags.
Hermès Created a Shape for Its New Women’s Watch
Apr 12, 2024 · So Hermès created a shape all its own by taking four slivers off the sides of a round case, and then emphasized the result by polishing the bevels.
Hermes Sales Rise as US, Europe Shoppers Splurge on Birkins
Oct 24, 2023 · Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin and Kelly bags. Revenue rose about 16% at constant exchange rates in the third quarter,...