Hermès stock is surging — and the Birkin bag maker is narrowing the gap with French rival LVMH
The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
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European Stock Market Dips Despite Luxury Stocks Surge
Europe's main stock index declined by 0.3% on Friday after a streak of four successive gains. Luxury stocks, such as Hermes, ...
Hermès bucks luxury sales slowdown and extends lead over rivals
After end of year results well above analyst predictions, the Paris-based luxury goods group continued to outperform rivals ...
Hermès Sales Jump as Label Outperforms During Luxury Slump
Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s ...
Birkin bag maker Hermes extends lead over rivals with end-of-year sales surge
French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...
Hermès Bucks Luxury Downturn as Q4 Sales Jump 18%
CEO Axel Dumas addressed the "Wirkin" and dupe culture. Sales were up across the board, with leather goods and ready-to-wear ...
Birkin bag maker Hermes end of year sales jump
PARIS (Reuters) -French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite ...
Hermès breaches €300bn market valuation as it outperforms rivals
Hermès’ market value soared past €300bn after it showed continued resilience by posting strong sales in the final months of 2024 that outperformed the luxury sector.
European Shares Set for Eighth Weekly Gain; Hermes Jumps After Strong Earnings
The benchmark was on track for its eighth straight weekly gain, its longest winning streak since March 2024. Hermes rose 4.2% ...
Hermès’ stunning success raises the question: What’s everyone else in luxury doing wrong?
Hermès' executive chairman believes "it’s not the success of Hermès, but the world came to us," he said during an earnings ...