French luxury group Hermes, renowned for its Birkin handbag, will increase prices in the United States from May 1st. This decision aims to offset the impact of President Trump's 10% import tariffs.

Sokolova pointed to LVMH’s larger exposure to the lower end of the luxury spectrum, whereas the wealthier client base of Hermes allowed it to better weather an industry downturn. Hermès ...

LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...

Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts. LVMH ...

Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 ...

And the company that has dethroned the luxury giant is Hermes – the bag maker that LVMH once tried to take over back in 2010. The development came as the biggest luxury company in Europe ...

French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump. Famous for its Birkin ...

The former chairman of Hermès, Jean-Louis Dumas, used to say “the horse is the first client.” Horses were the French luxury brand’s first market in 1837, when it opened as a harness maker ...

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump's tariffs, the company's finance chief said Thursday. The ...