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Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...
Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.
Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...
Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
French luxury group Hermes confirmed Wednesday its outlook for full-year sales growth as it turned rising revenue for all ...
Hermes reported a 9% rise in second-quarter sales, driven by strong demand for its iconic $10,000 handbags, including the ...
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
Hermes on Wednesday reported a 9% rise in quarterly sales due to the continued appetite from rich shoppers for its coveted, $10,000 handbags, helping the French house defy the global luxury downturn.
Hermès sales rose as wealthy shoppers continued to snap up its pricey handbags, showing the company’s resilience amid a sharp ...
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