Hermès


Hermès Names Family Member to be Next CEO

Hermes

Paris—Hermès International believes in keeping it in the family which is why the company’s majority shareholders--members of the … [Read more...]

Hermès Q1 Sales Soar, But Gives Cautious Outlook

Hermes' Jypsiere bag in dove grey lizard

Paris—Hermès International SCA reported that its first quarter sales soared nearly 22% boost by demand in Asia, Europe and the … [Read more...]

Hermès Awarded $100 Million in Fight Against Online Fakes

Hermes Birkin

New York—French luxurygoods house Hermès International SCA won $100 million in damages against dozens of websites selling … [Read more...]

Hermès Issues Special Dividend as 2011 Profit Spikes

Hermes Handbag and accessories

Paris—Shareholders of Hermès International S.C.A. got a double dose of good news last week. The Paris luxurygoods house announced … [Read more...]

LVMH 2011 Profit Beats Forecasts, Optimistic for Future

Summer ad campaign for Louis Vuitton, LVMH's flagship brand

Paris—Saying it is “well equipped” to continue growth this year, LVMH said Friday that sales in Asia and demand for its Louis … [Read more...]

World Luxury Association Names “Most Valuable” Luxury Brands

luxurygoodsbrands

Beijing—It seems appropriate that the World Luxury Association (WLA), a  non-profit luxury brands research and management … [Read more...]

Another Fashion Icon’s Closet for Sale: Lyn Revson

Lyn Revson in the 1970s

New York—While Christie’s auction of Elizabeth Taylor's collection is garnering headlines this week, fashionistas in the know are … [Read more...]

Hermès Raises Full Year Forecast As Q3 Sales Jump

Hermès' Jypsière bag, a strong seller

Paris—With its third quarter sales rising more than 18%, Hermès raised its full year forecast on Friday, saying it expects sales … [Read more...]

LVMH’s Q3 18% Sales Increase Adds Optimistic Outlook for Luxurygoods Sales

From Louis Vuitton's Fall ad campaign

Paris—If there’s a company that’s rightfully bullish on luxurygoods sales, it’s LVMH, which today reported 18% increase in its … [Read more...]

Luxury Brands Rebound in “Best Global Brands” Report

“Burberry bested them all by focusing on its core competencies in fashion, digital innovation and global expansion.”

New York---Coca-Cola remains atop Interbrand's 2011 Best Global Brands report for the 12th consecutive year, and tech brands, such … [Read more...]

LVMH Set to Take 98% Control of Bulgari

LVMH to Acquire Bulgari

Paris—As of Wednesday, September 28, LVMH will complete its 3.7 billion euro (about $5 billion) purchase of Italian jeweler … [Read more...]

Hermès Family Shareholders Get OK to Form New Company

Hermès

Paris—Hermès International’s family majority shareholders got a go ahead today to form a holding company that would thwart any … [Read more...]