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Hermès executive chairman Axel Dumas shared that he has reason to believe that 82-year-old heir Nicolas Puech no longer holds ...
The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.
Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
Hermès shares worth €14 billion (US$16.2 billion) inherited by Nicolas Puech, an heir to the Birkin bag maker's fortune, ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
The company posted H1 increases in every region, although second quarter improvements were smaller than preceding periods.
The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and steady demand ...
Axel Dumas is a French businessman born in 1970. He is the sixth generation of the Hermès family, a luxury fashion and lifestyle brand founded in 1837.
Hermès shares fell as much as 4.7% as worries about the valuation of one of the luxury industry’s stars eclipsed sales growth ...
Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic and geopolitical uncertainty.