Hermes, the high-end fashion house behind the famous Birkin bag, plans to hike prices in the US to counter President Trump’s tariffs, the luxury retailer said Thursday.The Paris-based company — which manufactures the vast majority of its goods in France — will raise prices enough to offset any hit to growth from the current 10% tariff on the European Union, according to Eric du Halgouet, Hermes’ executive vice president of finance.“We haven’t seen any impact, but we remain very conservative,” he said during ...

Hermès International Société en commandite par actions (OTCPK:HESAY) Q1 2025 Results Conference Call April 17, 2025 3:00 AM ET Company Participants Eric du Halgouët - Executive Vice President of Finance Carole Dupont-Pietri - Head of Group Investor Relations Conference Call Participants Luca Solca - Sanford C. Bernstein & Co. Charles-Louis Scotti - Kepler Cheuvreux Thomas Chauvet - Citigroup Inc. Edouard Aubin - Morgan Stanley Adrien Duverger - Goldman Sachs Group, Inc. David Da Maia - CIC Market Solutions ...

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 Louis Vuitton, Dom Perignon, Givenchy, Tiffany & Co. and TAG Heuer, hovered around 244.1 billion euros as of mid-morning Tuesday, lower than Hermes and its market cap of 248.1 billion euros. At their current market caps, Hermes became the most valuable luxury company in the world. It is known for Birkin handbags and oth ...

Hermès International Société ( OTCPK:HESAY ) is one of the few truly luxury brands catering to the ultra-wealthy that money can buy on the stock market.With 30 years until retirement, I’m leveraging my role as a Financial Analyst at a Fortune 500 firm to build a market-beating portfolio that targets both strong capital appreciation and aggressive dividend growth.My focus is on blue-chip companies with wide moats, competitive advantages, industry-leading market share, and profitability, priced at attractive ...

Hermès ( OTCPK:HESAF ) ( OTCPK:HESAY ) is a one of a kind company. The strongest evidence to support this argument was clearly shown in the past two years, as Hermès maintained mid-teens growth during a tough period in luxury, with almostI aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constan ...

A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025.Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury market.The maker of the Birkin handbag posted a 17.6% rise in revenues at constant exchange rates to 3.96 billion euros ($4.15 billion) in the three months to Dec. 31, outpacing the 3.69 billion euro ...

Hermes Worldwide, Inc. Acquires Vail Limo, Enhancing Transportation Services for the 2024-25 Ski SeasonSummary: Hermes Worldwide, Inc., a global leader in transportation solutions, has announced the acquisition of Vail Limo, a premier ground transportation provider in the Vail Valley.January 23, 2025 4:47 PM EST | Source: GetFeaturedVail, Colorado--(Newsfile Corp. - January 23, 2025) - Hermes Worldwide, Inc., a renowned provider of global transportation solutions, has officially acquired Vail ...

Washington D.C., Jan. 23, 2025 (GLOBE NEWSWIRE) -- The Global Alzheimer’s Platform Foundation® (GAP) is pleased to welcome Beckman Coulter Diagnostics as a strategic partner in the Bio-Hermes-002 study. This first-time collaboration will enhance this unique, observational platform study that compares blood-based and digital biomarkers across a broad range of clinical cognitive conditions, MRI and PET images as well as numerous races and ethnicities in order to generate data that may help predict, detect and ...

Hermes ( OTCPK:HESAY ) is a beacon of exceptional business execution and brand preservation in the luxury goods sector. It has maintained its position as the most exclusive luxury brand in the world through cautious supply management and a laserAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...

Prada S.p.A ( OTCPK:PRDSY )( OTCPK:PRDSF ) has experienced massive success due to its underdog brand, Miu Miu , which has tripled its net sales since 2021 while substantially improving the company's growth. In my view, the stockI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing different types of portfolios.I believe in deep research, prioriti ...