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Birkin bag-maker Hermès is planning to hike its already luxe prices in the U.S. on May 1 to address disappointing ...
Handbags, scarves and other goods sold in the United States by French luxury brand Hermes will cost more in May due to ...
French luxury fashion house Hermès announced on Thursday plans to increase prices in the United States starting May 1, in response to the 10% import tariffs recently imposed by President Donald Trump, ...
Hermès is raising the prices of its handbags and scarves in the United States starting May 1, blaming the decision on Trump’s ...
According to the Yale Budget Lab, the average American household will pay $3,800 more a year as a result of the levies.
Hermès said prices will rise from May 1 and aim to “fully offset” the impact of the universal 10% tariff imposed by the White ...
We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.
We assign Hermès a Morningstar Capital Allocation Rating of Exemplary, thanks to its sound balance sheet, consistently high returns on invested capital (above 30% versus low to midteens for its ...
Halgouet did not say by how much prices would be raised, but he said the move would "fully offset" the tariffs impact.
French high-end house, Hermès, is showing its competitors how to do luxury right in a difficult consumer market.
PARIS – Amid the luxury slowdown, Hermès International showed continued strength with sales in the first quarter up 7 percent ...
LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market ...