Hermes saw softer traffic in Greater China in March after the Chinese New Year with a “slight erosion” of customers buying more affordable products such as its silk scarves. But that was ...

According to financial information platform Investing.com, BNP Paribas has upgraded the stock rating of Hermès from Neutral ...

The 34 th store in China presents a unique architecture referencing the landscape of the region. Hermès China has continued its expansion in the market with the opening of its 34 th store in the ...

Birkin bag maker Hermes reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.

Luxury goods group Hermes International outperformed rivals as its sales grew despite headwinds in China. Hermes FR:RMS said Thursday it was able to offset a downturn in traffic in China since the ...

The nearly 200-year-old family company even reported a 7% growth in Asia, excluding Japan, where sluggish demand for luxury in China has wreaked havoc for many other luxury brands. The only sore ...

written by Amra Osman, Sales Director at XTB MENA 18 th Nov 24 8:20 am The accommodative announcements by the People’s Bank ...

“We see Hermès as the best current opportunity to protect the portfolio from a difficult [fourth quarter] — suffering from a global cyclical slowdown exacerbated by structural issues in China ...

Kering warned its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the ... the need to purchase additional Hermes accessories.

Hermès defies the economic slowdown in China, achieving 11.40% revenue growth in Q3 2024, while competitors like Kering and LVMH suffer. Exceptional growth in Europe and triple-digit growth in ...

French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the sector caused by falling sales in China. The luxury house, famous for its leather bags ...

From the US to China, Hermès is expanding But Hermès is growing. Last year, it opened two factories in France: one in Louviers, which will focus on the Kelly bag, and one in the Ardennes region.