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 first time.
Birkin bag maker Hermes end of year sales jump
French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy shoppers for the most expensive luxury items like its Birkin bags, which cost upwards of $10,
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 performing strongly.
Hermes extends lead over rivals with end-of-year sales surge
STORY: French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday (February 14).And revealed a robust appetite from wealthy consumers for its most expensive items including Birkin bags.
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 from wealthy consumers for its most expensive items including Birkin bags,
Birkin Bag Maker Hermes Posts Higher Revenue on Strong Americas Performance
The maker of the Birkin bag reported higher sales, adding to signs of a potential rebound in demand for luxury goods.
Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales
Hermes on Friday reported a better-than-expected jump in fourth quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury market. The maker of the Birkin handbag posted a 17.
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 and bucked the trend in a depressed market place. View on euronews
Hermès CEO says he was 'irritated' by viral fake Birkins
"Wirkins" went viral in 2024 for their cheap price tag and resemblance to expensive Birkin bags from Hermès. CEO Axel Dumas ...
I took the viral ‘Wirkin’ — the Hermès Birkin bag dupe from Walmart — out on the town. The results were … surprising
The smell of a just-emptied mop bucket wafts into my nose as I nervously attempt to waltz nonchalantly into Toronto’s flagship Hermès boutique with a bright green Wirkin bag dangling from my wrist.
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The Hermès Kelly Bag: Everything to Know About the Designer Bag Inspired by Princess Grace Kelly
The Kelly Bag is among Hermès’ most famous pieces in its design house. One of very few purses named for a real person, the ...
Hermès: New Geographies And Non-Leather Categories Support A Strong 'Hold'
I maintain a 'Hold' rating on Hermes due to the high valuation and the unpredictable nature of multiple expansion and ...
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.