Hermès, maker of the iconic Birkin bag, saw 11 percent growth in Q3 of 2024 despite an overall luxury sector slowdown, ...

French fashion brand has seen its sales outpace of those of its struggling rivals including LVMH and Gucci parent company ...

France equities were higher at the close on Thursday, as gains in the CAC Consumer Goods, CAC Consumer Service and CAC ...

Cé Lumière follows Cé Noir, the fragrance Beyoncé launched last year, which followed the entertainer’s tour for her album ...

Banca Progetto, a small Italian bank which investment firm Oaktree recently agreed to sell to Centerbridge, has been placed under court administration for allegedly lending money to a person arrested ...

Luxury goods group Hermes International outperformed rivals as its sales grew despite headwinds in China. Hermes (FR:RMS) said Thursday it was able to offset a downturn in traffic in China since the ...

Pam Danziger covers retail with an emphasis on luxury brands and affluent consumers. As a market researcher, she is a keen student of purchase behavior and consumer psychology and believes that retail ...

Hermès reported sales of $4 billion in its third-quarter earnings Thursday. It comes as luxury industry peers LVMH and Kering ...

Unlike both LVMH and Kering (Gucci and Yves Saint Laurent), who posted losses, the group famous for its handbags and silk ...

Hermes is among the handful of companies that have managed to buck the current slowdown, with Italy's Brunello Cucinelli also reporting growth. Strong pricing power and brand desirability, ...

Birkin bag maker Hermes has today posted a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a ...

PARIS (Reuters) - Birkin bag maker Hermes reported on Thursday an 11.3% rise in third-quarter sales, continuing to outshine ...