Hermès


LVMH Half Year Results Beat Forcasts

LVMH

Paris—LVMH reported Tuesday that its first half sales jumped 13% as demand for its luxurygoods surged especially in Asia. For … [Read more...]

Hermes Lifts Forecast as Half Year Sales Climb

Gains in sales of scarves and other accessories helped boost second quarter sales

Paris—Reporting that its second quarter sales increased 22%, Hermès raised today its second half forecast, predicting sales … [Read more...]

Best Luxury Websites? Bally, Chanel, Tory Burch Top List

Bally Fall Ad Campaign

New York—Bally topped the list of best overall website in a survey of affluent consumers’ preferences in luxury websites. In … [Read more...]

Fall/Winter 2011-12 PARIS: Apparel

Runway fashion focusing on Apparel by designer in Milan for whatever the season may be... … [Read more...]

LVMH: No Intention of Hermes Takeover

LVMH-Hermes

Paris—Shares of Hermès International regained momentum this week after dropping nearly 5% June 10 after LVMH emphatically denied … [Read more...]

Acquisition Rumors Erupt in Luxurygoods Sector

LVMH logo

Paris—European stock and retail analysts have been aflutter this week with speculation about LVMH possibly increasing its stake in … [Read more...]

Hermes Q1 Sales Jump on Increased Demand for Accessories

Hermes Birkin

Paris--Hermès International reported Wednesday that its first quarter sales jumped 25.5% on soaring demand for watches, scarves … [Read more...]

LVMH to Acquire Bulgari in $5.2 Billion Deal

LVMH to Acquire Bulgari

Paris—LVMH announced today that it took a 50.4% stake in Bulgari for 1.86 million euros (about $2.6 billion) giving the French … [Read more...]

Hermes Reports Surge in Annual Profits

Hermes Birkin

Paris--Hermes International reported today a surge in its full year earnings with profits rising 44% to 668.2 million euros (about … [Read more...]

Arnault: LVMH a “Pacifist” Shareholder in Hermes

LVMH and Hermes

Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which has … [Read more...]

Small Shareholders Appeal French Regulator’s Waiver in Hermes Plan

Hermes

Paris—In the latest twist in the legal saga of Hermès’ attempts to thwart a takeover by LVMH, a French small shareholder … [Read more...]

French Regulator Approves Hermes Anti-Takeover Plan

Hermes

Paris—Hermès’ majority shareholders—descendants of the luxurygoods brand’s founding family—won an important round in their battle … [Read more...]