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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.
Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...
Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
Hermès is one of the most iconic and exclusive fashion brands in the entire world, becoming especially renowned for its ...
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.
Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
MILAN — The Agnelli family’s holding Exor N.V. on Tuesday appointed Axel Dumas, chief executive officer of Hermès International, as a non-executive director for a term of one year.
In 1993, when Pierre-Alexis Dumas officially joined the company, Hermès had 2,600 employees. There are 14,500 today, with 2018 revenues of $6.8 billion and free cash flow of $1.66 billion.