The figures add to evidence the luxury sector is on the upswing, Hermès reported that first-quarter revenue jumped 44 percent, at constant rates, beating expectations and fueling optimism for leaders in the sector.
This is a confirmation of a buoyant luxury goods demand environment worldwide, following recent reports from luxury peers LVMH Moët Hennessy Louis Vuitton and Kering, as well as an uptick in exports of Swiss watches in March.
Asia was feeling the full brunt of the coronavirus crisis this season last year. But even as the second and third quarters bring tougher comparisons in Asia, they will become less challenging in Europe and the Americas where business declined at a later stage last year. Continue reading
Hermès has issued exclusive handbags in aquatic colors, typa Tiffany to mark the renovation of its Rue de Sèvres store, located in a former swimming pool, welcome for breakfast at Sèvrephany.
Are there more fake than real Birkin bags on the market? Twenty-three people were charged, including nine former Hermès employees, the news agency reported. A 41-year-old man was sentenced, in absentia, to six years in prison and fined 1.5 million euros; a warrant has been issued for his arrest. The individual was accused of being the mastermind of the network, which included a workshop in Hong Kong.
Shares in Hermès International dipped in morning trading in Paris on Thursday after the French luxury house reported first-half results that fell below analysts’ expectations, as the widespread closure of stores due to the coronavirus pandemic sharply impacted its business and profitability.
The hermes Virus is back ! In China an Hermès Boutique Made $2.7 Million in One Day After It Reopened. Is it a barometer of things to come in post-pandemic luxury shopping?
Add Hermès to the growing list of fashion brands canceling events due to the coronavirus. The French fashion house has nixed its resort show, which had been scheduled to take place in London on April 28.
Nadège Vanhee-Cybulski decided to pare the women’s wear back to a graphic essence. In keeping with the Hermès 2020 theme, “Innovation in the Making,” she presented a “manifest of purity,” as she called it, on a set of striped vertical bars reminiscent of horse jump poles.
There will be color, teased Axel Dumas, chief executive officer of Hermès International, revealing a few details about plans by the French luxury firm to launch a makeup line next year. Color is the only thing he can analyse!
Hermès held its spring show at the Longchamp racecourse, as did Dior earlier in the week, just to tease Mister Arnault. The two houses made very different uses of the venue. If Dior was your rich gypsy aunt who reads Tarot cards and loves modern dance, Hermès was her richer, snobbier sister, for whom tastefulness is next to godliness. She’s not as much fun as the bohemian, but her cashmere is softer, her Champagne is crisper and you can put money on her horse it always seems to win. 
This week-end, the “Vintage des Collectionneurs d’Hermès” will be held at the Hotel du Louvre. The “Hermès collectors” have now their own trade show. which will feature a multitude of iconic pieces from the luxury house.
Last Wednesday Apple announced a partnership with French luxury leather goods manufacturer Hermès and launches a Hermès leather strap for the Apple Watch.