Sales of Hermès luxury purses that can go for upwards of $25,000 jumped by more than 11% in the most recent quarter — the latest evidence that well-heeled shoppers can’t get enough of its pricey ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. “The luxury industry is built on a paradox: the more ...
In Greek mythology, Hermes, the son of Zeus was imagined with winged sandals, and a winged hat, symbols of his celebrated speed. Today, the French fashion house Hermès that shares his name is also ...
Hermès reported better-than-expected sales on Friday. Stock in the French luxury group is up 23% this year and its market cap touched 300 billion euros. Hermès' success contrasts with Gucci owner ...
The iconic carryalls become puppets in "On the Wings of Hermès," a whimsical projected performance taking over the Barker Hangar to celebrate the luxury French fashion house's latest Spring/Summer ...
Hermès defies the economic slowdown in China, achieving 11.40% revenue growth in Q3 2024, while competitors like Kering and LVMH suffer. Exceptional growth in Europe and triple-digit growth in the ...
Hermès Birkin bags are so coveted that fans have been known to wait years for their favorite models to become available, and they command top dollar on the resale market. Now, a different type of ...
Hermès has always been defined by its beautiful use of color and texture, and the luxury fashion house carried over that trait when it expanded into beauty in 2020. So it only makes sense that Hermès ...
Hermes' exclusivity, heritage, and prestige make it a quintessential luxury brand, resilient against market slowdowns and appealing to ultra-wealthy clientele. Hermes' strategy of scarcity and ...
Hermès’s largest factory, in the sleepy Paris suburb of Pantin, is a stunning structure with glass walls. Light dapples the workstations where artisans handcraft Birkin and Kelly bags that will sell ...
Hermès’ business model is naturally insulated from inflation, slower consumer spending, and supply chain headwinds. Its revenue is rising and its margins are expanding. Its premium valuation could ...