Hermès


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...]

Chanel Tops List of China’s 50 Most Popular Luxury Brands

Backstage at the Cruise 2013/14 fashion show with Karl Lagerfeld and models

Shanghai—With China the key target for expansion among luxury brands (nearly all brands for that matter), the top ranked brands … [Read more...]

Hermès Fires Another Salvo in LVMH Battle

LVMH and Hermes

Paris—The Hermès vs. LVMH battle continues with more twists and turns. The latest? Hermès filed a lawsuit Wednesday in the … [Read more...]