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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 ...
Birkin bag maker Hermes RMS-1.18%decrease; red down pointing triangle plans to lift prices in the U.S. to mitigate the impact of tariffs, as the luxury sector braces forF a global trade war ...
Pricey Birkin bags are about to get more expensive — if you can get your hands on one. Hermes, the high-end fashion house behind the A-list accessory, plans to hike prices on all its items in ...
France’s Hermès will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said Thursday, as it posted first-quarter sales that slightly missed market ...
Your favorite Hermès goods are about to get a bit pricier. The French maison will be raising costs of all its products in the U.S. to offset President Donald Trump’s tariffs, the company ...
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...
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 ...
Hermes has surpassed LVMH as Europe's largest luxury company by market capitalization, fueled by disappointing first-quarter revenue for LVMH due to weakened sales in the U.S. and China.
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 White House blasted Ivy League institutions for "egregious illegal behavior" as the Trump administration goes head-to-head with Harvard University to install changes to the academic ...
Tina Knowles is learning beauty tips from the best. Knowles revealed that her granddaughter Blue Ivy Carter is her designated “beauty guru” in a sweet Instagram video posted on Monday.