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Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...
TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.
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.
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.
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
IT'S not you, it's me. That isn't the reaction from companies seeing cheaper versions of what they sell – but it should be.
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 ...
Back when Axel Dumas was in charge of retail operations for Hermès in France, starting in 2005, one of his tasks was to pay a visit to all the company’s stores. “My goal was never to get the ...
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