Hermes

Affluent splash out on pricey Birkin bags but clouds loom

PARIS (Reuters) - Brushing off higher prices, affluent spenders continue to splash out on luxuries including $10,000 handbags and premium drinks, updates from Birkin bag maker Hermes and spirits company…

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Hermes plans big price rises, says no sign of slowdown

PARIS, (Reuters) - Birkin bag maker Hermes flagged plans to hike prices by 5% to 10% in 2023 on rising costs and currency fluctuations, much more than in the past,…

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Sales at Birkin bag maker Hermes soar amid luxury rebound

Sales at Birkin handbag maker Hermes powered ahead in the second quarter, more than doubling from a year earlier as lockdowns eased around the world and shoppers, particularly in Asia…

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Strong Asia growth powers Hermes sales

Sales at Birkin bag maker Hermes soared 44% in the first quarter, powered by strong growth in Asia, where revenues nearly doubled from a year earlier as COVID-19 restrictions eased…

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Handbag maker Hermes echoes luxury sales rebound amid online surge

Birkin handbag maker Hermes' comparable sales picked up again in the third quarter, rising 7%, and the group said this positive momentum had extended into October after a rebound in…

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French luxury group Hermes sales tumble due to the fallout of the coronavirus pandemic

French luxury group Hermes said on Thursday comparable sales in the second quarter fell by 42% due to the fallout of the coronavirus pandemic and that the impact of the…

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Leading fashion companies to make G7 pledge to help environment

Major fashion companies from around the world said on Friday they had signed a pact which they would present at this week’s G7 summit in Biarritz, France, to help protect…

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