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Hermès

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China

Luxury in China Loses Lustre as Wealthy Flee

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five

China

Luxury in China Loses Lustre as Wealthy Flee

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five


News & Analysis

Market Pulse | Cashing In

Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.

News & Analysis

Market Pulse | Cashing In

Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.


News & Analysis

Luxury Brands Step Up Battle for Travelling Shoppers

PARIS, France — Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into one

News & Analysis

Luxury Brands Step Up Battle for Travelling Shoppers

PARIS, France — Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into one


News & Analysis

Hermès Lifts 2013 Revenue Goal on ‘Remarkable’ Fashion Sales

PARIS, France — Hermès International SCA, the French maker of Kelly bags and silk scarves, raised its full-year sales target after strong growth in

News & Analysis

Hermès Lifts 2013 Revenue Goal on ‘Remarkable’ Fashion Sales

PARIS, France — Hermès International SCA, the French maker of Kelly bags and silk scarves, raised its full-year sales target after strong growth in


News & Analysis

Luxury Goods Theft Causes Hermès Collection Preview Cancellation

MILAN, Italy — Hermes accessories worth 400,000 euros ($550,900) were stolen in Milan, forcing the French luxury goods group to cancel a presentation

News & Analysis

Luxury Goods Theft Causes Hermès Collection Preview Cancellation

MILAN, Italy — Hermes accessories worth 400,000 euros ($550,900) were stolen in Milan, forcing the French luxury goods group to cancel a presentation


Global Markets

Kazakhstan, More than Just a Klondike

In the next instalment of Market GPS, BoF examines Kazakhstan, the undisputed goliath of Central Asia.

Global Markets

Kazakhstan, More than Just a Klondike

In the next instalment of Market GPS, BoF examines Kazakhstan, the undisputed goliath of Central Asia.


News & Analysis

Market Pulse | Syria Crisis Pours Cold Water Over the Savigny Luxury Index

LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index ("SLI") lost 0.9 percent in August,

News & Analysis

Market Pulse | Syria Crisis Pours Cold Water Over the Savigny Luxury Index

LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index ("SLI") lost 0.9 percent in August,


News & Analysis

Hermès First-Half Profit Beats Estimates; Maintains Outlook for 2013

PARIS, France — Hermès International SCA, the French maker of Birkin bags, reported first-half earnings that beat estimates and reiterated its

News & Analysis

Hermès First-Half Profit Beats Estimates; Maintains Outlook for 2013

PARIS, France — Hermès International SCA, the French maker of Birkin bags, reported first-half earnings that beat estimates and reiterated its


News & Analysis

A $38,000 Handbag? For World's Ultra-Rich, the Cost of Accessories Can Be Astronomical

ZURICH, Switerland — A $38,000 handbag? For most people, it's unthinkable. But for the richest sliver of the global population, it's a realistic

News & Analysis

A $38,000 Handbag? For World's Ultra-Rich, the Cost of Accessories Can Be Astronomical

ZURICH, Switerland — A $38,000 handbag? For most people, it's unthinkable. But for the richest sliver of the global population, it's a realistic


News & Analysis

Fashion Inflation: Why Are Prices Rising So Fast?

From shoes to handbags to ready-to-wear, the price of designer fashion has increased precipitously over the last decade. What’s driving the rising prices? And how high can they go?

News & Analysis

Fashion Inflation: Why Are Prices Rising So Fast?

From shoes to handbags to ready-to-wear, the price of designer fashion has increased precipitously over the last decade. What’s driving the rising prices? And how high can they go?