Birkin bag maker Hermes reported higher sales for the final quarter of 2024 boosted by a strong performance in the Americas, adding to signs of a rebound in demand for luxury goods.
The company has outperformed rivals because it caters to the wealthiest clients, whose spending tends to be more reliable ...
Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...
French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...
Hermes sales climbed as the luxury group benefited from a strong appetite for its pricey handbags over the holiday shopping ...
PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant ...
PARIS (Reuters) -French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite ...
Fashion gossip has become a commodity for which an apparently endless supply meets an insatiable demand. This is fashion ...
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Deutsche Bank raised the firm’s price target on Kering (PPRUY) to EUR 340 from EUR 320 and keeps a Buy rating on the shares.Maximize Your ...
Morgan Stanley raised the firm’s price target on Kering (PPRUY) to EUR 280 from EUR 250 and keeps an Equal Weight rating on the shares.Maximize ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
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