Luxury has long been synonymous with exclusivity, wealth, and impeccable taste. High-end brands and their iconic products, like the Hermès Birkin bag, were once the ultimate indicators of status. The ...
Hermès, reported above estimate sales and revenue showing there is still a demand for exclusivity in an otherwise sluggish ...
European stocks paused after hitting a fresh record high on solid luxury sector earnings and as investors were relieved that ...
I maintain a 'Hold' rating on Hermes due to the high valuation and the unpredictable nature of multiple expansion and ...
After years of lagging behind the retail stars Costco Wholesale and Amazon.com, Walmart is catching up quickly. Its shares rose 72% in 2024, and are up another 16% so far this year. Walmart has become ...
Economic experts have warned that the UK could actually be hit harder than China by Donald Trump's new trade war tariffs, ...
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 ...
The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
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 ...
"Wirkins" went viral in 2024 for their cheap price tag and resemblance to expensive Birkin bags from Hermès. CEO Axel Dumas ...
For all the trouble it took me to get the viral $69.99 bag, you’d think I was attempting to source the real thing.
Hermès’ market value soared past €300bn after it showed continued resilience by posting strong sales in the final months of 2024 that outperformed the luxury sector.