Consumer companies fell amid mixed earnings. Hermes shares rose after the French couture house, which makes Birkin handbags and other iconic fashion items, posted robust growth in American sales in ...
Economic experts have warned that the UK could actually be hit harder than China by Donald Trump's new trade war tariffs, ...
EUROPE’S main stock index closed lower on Friday (Feb 14), as investors paused following four successive sessions of gains, while luxury stocks advanced after robust earnings from Birkin bag maker ...
French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...
This edition looks at the wave of Chinese GPs taking a shot at Japan’s mid-market and what the billion-dollar pact between the Philippines’s sovereign wealth fund and a Thai conglomerate means for its ...
Hermès' executive chairman believes "it’s not the success of Hermès, but the world came to us," he said during an earnings ...
Outstanding results in 2024 Revenue amounted to €15.2 billion(+15% at constant exchange rates and +13% at current exchange rates)Recurring operating income reached €6.2 billion, representing 40.5% of ...
The ultra-wealthy are moving away from traditional luxury brands towards exclusivity and unique experiences in a changing consumer landscape.
After end of year results well above analyst predictions, the Paris-based luxury goods group continued to outperform rivals ...
For the full year, Hermès sales were up 15 per cent to €15.2 billion. Hermès’s outperformance sent the stock up 8.4 per cent ...
Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s ...