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HERMES SALES GROWTH
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...- Hermes beats sales expectations, sees positive signs in ChinaHermes has reported robust fourth-quarter revenue growth, exceeding expectations. Strong sales in the United States and Japan have bolstere...
- European stocks climb as LVMH boosts luxury sectorEuropean stocks climbed on Wednesday as upbeat results from France's LVMH sparked a rally in luxury groups and quelled concerns that slowin...
- Hermès to hike U.S prices on iconic Birkin bags and more in response to Trump’s tariffs, leaving luxury shoppers fumingHermès, the luxury brand, is increasing prices in the United States. This decision follows President Trump's tariffs on European goods. The...
- LVMH shares up 7% after reassuring Q4, lifts luxury peersShares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly report, lifting pee...
- Hermes sales beat expectations, defying luxury sector gloomAnalysts have cut their estimates for the luxury sector in recent weeks following a sales report from bellwether LVMH earlier this month sh...
- European shares slip as Middle East fears, ASML weighASML Holding dropped 3.7% as the semiconductor equipment maker warned of flat sales in 2024, after reporting third-quarter earnings in line...
- LVMH breaks into world top 10 as market cap nears $500 billionFor a growing crowd of investors, LVMH and its French luxury rivals are to the European stock market what Big Tech has been to the US: Domi...
- European shares kick off March on steady footingChina's factory sector grew in February at the fastest pace in more than a decade, an outlier in Asia, where manufacturing growth stalled e...
- Luxury sector eyes reopening of ChinaThe world's largest luxury group LVMH posted a 23-percent jump in sales to a record of 79 billion euros ($86 billion) in 2022 and saw profi...
- Wealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchasesConsumers want tried and tested styles like a Hermes Birkin bag or a Moncler puffer jacket.
- European shares rise as upbeat earnings blunt virus fearsWith European third-quarter earnings set to recover from a pandemic-led slump, health technology company Philips rose 3.2% as it reported a...
- Hermes India sees a 55% jump in profit, Dior still deep in the redHermes India had recorded a net profit of Rs 12.1 crore the year before. Revenue from operations rose 11% from the previous year’s Rs 98.8 ...
- Luxury item prices soar as brands attempt to go upmarketKim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton ...
- Luxury brands like Hermes, Gucci & others to take on faster growing fakes in IndiaPopular brands such as Gucci, Louis Vuitton, Bvlgari diamonds, Rolex watches and Prada dresses are counterfeited and sold widely in India.
- Vuitton tones down for Russian tastes aside from pricesWhen the Soviet Union collapsed 22 years ago, Russian women quickly cast off dowdy proletarian garb in favour of glitz such as ultra-tight ...
- Popularity of Asian designers grows with consumers as they favour fresh designsNow, companies from South Korean bag maker Couronne to Malaysian dressmaker Farah Khan are making a case for homegrown chic.
- From Hermes to Chanel, luxury watchmakers advertise big ahead of festive seasonAn increasing number of premium and luxury watchmakers are jumping on the ad bandwagon to cash in on the air of festivity.
- Luxury brands untouched by euro zone crisis? Sales boom despite EU slumpThe European luxury industry boomed in 2011, untouched by global economic slowdown, with demand from China helping to swell profits.
- Luxury brands sizzling in slowdownCartier, Hermes, Hugo Boss, Longines and Christian Dior are leaving no stone unturned to cash in on upcoming wedding season. Spring/Summer ...
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