PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant ...
The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy ...
Shares rose as much as 5% in early European trade, after the the maker of the Birkin bag reported higher sales, adding to signs of a potential rebound in demand for luxury goods.
These bags have become so expensive—not to mention hard to acquire—that their value has grown faster than both the S&P 500 and the price of gold, with a return on investment of 500% over 35 years.