The Business Times

Hermes

Lifestyle

Original Birkin bag sells at auction for record 8.6 million euros

First things first: what does mummy like?
Lifestyle
GIFTING

A quick Mother’s Day gift guide: Suitable picks for 9 different kinds of mums

A Birkin handbag on display at a Hermes boutique. Hermes reported 14.7 per cent global sales growth, though its Asia-Pacific growth slowed to 7 per cent from 19 per cent a year earlier.
Global Enterprise

Luxury brands cut price of exclusivity as Chinese spending drops

FILE PHOTO: A logo of Hermes is seen at a store in Paris, France February 14, 2025. REUTERS/Abdul Saboor/File Photo
Consumer & Healthcare

Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows

Hermes has weathered the downturn in demand for luxury goods better than rivals by catering to the wealthiest and by cultivating a finely calibrated sense of exclusivity and managed scarcity.
Consumer & Healthcare

Hermes’ market value surpasses that of former suitor LVMH

The Hermes fortune derives from its namesake firm Hermes International, known for selling pricey Birkin handbags.
Companies & Markets

Hermes family in talks to invest in French insurer Albingia

An Hermes luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Hermes has held steady as its leather-goods unit benefits from long waiting lists and price increases, according to Exane, and has had a neutral rating since 2018. Photographer: Benjamin Girette/Bloomberg
Consumer & Healthcare

Hermes Q3 sales up 11.3%, continues to outshine rivals

The company is experiencing softer demand for its more affordable goods such as silk scarves, reflecting a curb in spending by aspirational customers, Dumas says.
Consumer & Healthcare

Hermes sales jump as Birkin bag maker outperforms peers

A rendering of Landmark Alexandra.
Global Enterprise

HK mall to get US$1 billion upgrade with help from Hermes, LVMH

Generic pix of shoppers outside the luxury outlets/ stores at the Ion Orchard shopping mall on Oct 3, 2023.
Style & Travel
LUXURY

How luxury brands are making up for lower Chinese spending 

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