Hermès


Defying Luxury Slowdown, Hermès Q4 Sales Strong

Hermès' spring ad campaign

Paris—While the negative effects of the weak yen may have hurt somewhat, Hermès International SA today reported its fourth quarter … [Read more...]

Year in Review: Top Must-Read News from 2013

Hermes claimed victory this year in its long-running dispute with LVMH.

New York--If you had to name one subject that consistently made news throughout 2013, you would have to undoubtedly say … [Read more...]

Hermès Raises Sales Forecast Despite Q3 Miss

Hermes

Paris—While Hermès International SCA reported today that its third quarter leathergoods sales dropped 0.5%—one of its worst … [Read more...]

Week in Review: 10 Must-Reads

collage spring 2014 colors

New York—Just because it was a shorter week for many of us—between Labor Day and Rosh Hashanah—there was no shortage of … [Read more...]

LVMH Drops Appeal of Fine in Hermès Stake Dispute

LVMH-Hermes

Paris—It seems LVMH, the world’s largest luxurygoods conglomerate, would rather pay a multi-million dollar fine, than fight.In … [Read more...]

Hermès First Half Profit Up 14.9%, Beating Forecasts

Hermes Handbag and accessories

Paris—Bolstered by sales increases of its luxurygoods across the world, Hermès International today reported its first half profit … [Read more...]

Week in Review: 10 Things to Remember

rihanna

New York—There are rumors that prove true…and rumors that turn out to be false.  Such is frequently the case in retail and this … [Read more...]

LVMH Increases Stake in Hermès (Again)

LVMH-Hermes

Paris—LVMH confirmed today that it has increased its stake in Hermès International to 23.1% from 22.6% in what it described as “an … [Read more...]

Week in Review: 10 Things to Know

Handbags from Michael Kors: NOT for sale at Costco?

New York—Shoes and handbags--which most women say they just can’t get enough of--were very much in the news this week.In a … [Read more...]

After Stronger-Than-Expected Q2, Hermés Headed to Another Record Year?

Hermes claimed victory this year in its long-running dispute with LVMH.

Paris—Buoyed by a 12% jump in its second quarter sales, Hermés said today that its full year revenue is well on its way achieving  … [Read more...]

Week in Review: Top Stories to Recall

Eamon Ore-Giron, Escape Route, 2013
Flashe paint on linen
24 x 24 inches. Nicelle Beachene Gallery

New York--With our Independence Day revels now ended, it's time to get back to work (for some of us!). And it's time to look back … [Read more...]

LVMH Fined $10 Million Over Stake Accumulation in Hermès

LVMH logo

Paris—The Autorite des Marches Financiers (AMF), the French stock market regulator, today fined LVMH 8 million euros (about $10.4 … [Read more...]