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Hermes announced Thursday it is hiking prices only in the United States due to the impact of the 10% tariff that Trump imposed on goods produced by European Union members, including France.
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 ...
French brand Hermes, maker of leather goods and handbags and currently the most valuable luxury group worldwide, announced on Thursday it would hike its prices in the United States to offset the ...
A Hermès Birkin handbag at a Bonhams auction house in London. Birkin and Kelly bags sell for tens of thousands of dollars. (Associated Press) The Hermès Birkin handbag appears to be playing its ...
French luxury house Hermès has announced a strong start to the year, posting consolidated revenue of €4.1 billion in the first quarter of 2025, up 9% at current exchange rates. Asia (excluding Japan) ...
LVMH, down 7.2%, led share declines across the sector, with Gucci-owner Kering and Hermes down 2% and 0.3% respectively. Swiss-based Richemont, which owns Cartier, was down 0.7% while Italy's ...
Hermès’s market capitalisation 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 ...
Federated Hermes Inc. increased its holdings in Emergent BioSolutions Inc. (NYSE:EBS – Free Report) by 2.2% in the fourth quarter, according to its most recent 13F filing with the SEC.
Federated Hermes Inc. lessened its holdings in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 40.3% during the 4th quarter, Holdings Channel.com reports.
In the rarefied world of luxury fashion and high finance, few stories are stranger — or more dramatic — than that of Nicolas Puech, the 82-year-old great-grandson of Hermès founder Thierry Hermès. The ...
An heir to the Hermes luxury fashion brand fortune is entangled in fresh courtroom drama after he allegedly defaulted on a promise to sell shares to the Qatari sheikh. Nicolas Puech, 82 ...