Hermès overtook rival luxury purveyor LVMH after the Bernard Arnault-run company reported a lackluster start to 2025 with a drop in sales. Hermès’ market capitalization eclipsed LVMH’s on Tuesday ...
French luxury fashion group Hermes International soared past €200 billion ($218 billion) in market value for the first time this week, making it the eighth-most valuable name across the pan-European ...
PARIS — Hermès International came galloping out of the gate in the first quarter. The French luxury house recorded a 27.1 percent rise in revenues at constant exchange to 2.76 billion euros in the ...
Hermes Investment Management has announced the formation of two new offices in mainland Europe. The new offices in Copenhagen and Frankfurt are part of the €37.3 billion asset manager’s strategic ...
PARIS — Defying expectations, Hermès International posted a 6.5 percent decline in first-quarter sales, helped by the strength of its leather goods business. The French firm sailed past larger rivals ...
Europe's beleaguered luxury sector could be set for a turn in fortunes this year, as early indicators point to improved consumer spending and a pivot away from China. Luxury shares shot up in trading ...
The Hermès family, which now counts more than 100 members, is Europe’s richest, with a combined fortune this year of about $151 billion, according to the Bloomberg Billionaires Index. The maker of the ...
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