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 ...

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 ...

PARIS (Reuters) - France's Hermes (RMS.PA) will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that ...

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 ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hermès will shift the burden of Donald Trump’s tariffs on to shoppers in the form of higher US prices ...

PARIS (Reuters) - LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after ...

Ivy League universities continue to be governed by far-left ideologies, and the result has been more discrimination on campus. Harvard University rejected a list of demands from the Trump ...

EU Mid-Market Update: Ripple from tariff impact keeps fading but China stirs the pond with halt to Boeing plane deliveries; LVMH market cap plunges below Hermes after Q1 sales. - RBA Mar Minutes ...

The women's squad broke a losing streak in a Sunday showdown at home, while the men’s team claimed back-to-back wins over ranked Ivy rivals to stay firmly in the championship contention.