Hermès chief eyes haute couture push as Paris house rides out …
WEB3 days ago · Investors seem to agree. Hermès is valued at over 45 times estimated earnings for 2024, according to HSBC, more than double that of peers including LVMH and Cartier-owner Richemont.
‘The Hermès Game’: how the luxury house is defying the slowdown
WEBNov 2, 2023 · Tightly controlled production and premium positioning are helping maker of Birkin and Kelly bags outshine rivals.
Hermès Spring 2025 Ready-to-Wear Collection - Vogue
WEB1 day ago · CN Fashion & Beauty. United States. Hermès Spring 2025 Ready-to-Wear collection, runway looks, beauty, models, and reviews.
Hermès chief rebuffs LVMH comparisons as luxury landscape shifts
WEB2 days ago · Hermès executive chairman Axel Dumas is distancing his company from comparisons with luxury giant LVMH, despite both firms' French heritage and family ties. "We don't sell the same products [as Louis Vuitton], so surpassing their size is not a goal as such," Dumas told Fortune in a recent interview. This stance comes as …
Handbags carry Hermès to strong growth to defy luxury slump
WEBFeb 9, 2024 · Hermès plans to increase leather goods production, its biggest source of revenue, by between 6 and 7 per cent this year. The company’s limited production capacities mean that demand for its bags...
Hermes sales beat expectations, defying luxury sector gloom
WEBOct 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.
Hermes defies luxury slowdown with strong sales | Reuters
WEBJul 28, 2023 · Sales at Birkin bag maker Hermes accelerated in the second quarter, showing the resilience of global demand for the group's high-end leather goods despite a clouded economic backdrop.
Hermès' $151 Billion Family Fortune Is Europe’s Biggest
WEBDec 7, 2023 · Hermès Created Europe’s Biggest Family Fortune After Spurning LVMH. The crown jewel of the $390 billion luxury goods industry, Hermès is thriving thanks to its penchant for doing things its ...
Hermes sales outstrip luxury rivals, send shares to record high
WEBPARIS, 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...
Hermes Sales Rise as US, Europe Shoppers Splurge on Birkins
WEBOct 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...