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TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.
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.
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...
Given how the brand notoriously limits access to its most exclusive product in an attempt to make sure it's accessible only to its most loyal and "real" customers, Hermès CEO Axel Dumas is not happy ...
CEO Axel Dumas addressed the "Wirkin" and dupe culture. Sales were up across the board, with leather goods and ready-to-wear performing strongly.
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.
The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and steady demand ...
Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...
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