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The luxury company, based in France, announced that it would be hiking prices in the US to offset the impact of US President Donald Trump’s 10% tariffs against the EU. Hermès revealed during a ...

After reporting Q1 2025 sales below analysts’ expectations on Thursday, Hermès announced plans to raise the prices on all products sold in the United States to counteract the weight of ...

Sokolova pointed to LVMH’s larger exposure to the lower end of the luxury spectrum, whereas the wealthier client base of Hermes allowed it to better weather an industry downturn. Hermès ...

LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...

On Manhattan’s Upper East Side they are everywhere. They can be seen at the dog runs in Central Park, and at Sant Ambroeus picking up tuna salad. They are even found at Rumble, discreetly tucked ...

Birkin bag maker Hermes RMS0.63%increase; green up pointing triangle plans to lift prices in the U.S. to mitigate the impact of tariffs, as the luxury sector braces for a global trade war ...

PARIS – The Hermès International shareholders’ meeting met the moment, with the company holding its position as France’s largest luxury company in terms of market capitalization. “It may ...

In the battle of luxury powerhouses, Hermès has come out on top—for now, at least. The shakeup comes in the wake of LVMH’s poor performance in Q1, where the brand saw a 3 percent decline in ...

Revenue: US$423.5m (up 6.9% from 1Q 2024). Net income: US$101.1m (up 37% from 1Q 2024). Profit margin: 24% (up from 19% in 1Q 2024). EPS: US$1.30 (up from US$0.92 in 1Q 2024). Trump has pledged to ...