News

Lydia Patrick is a Newsweek Life and Trends Reporter based in London, focusing on emerging trends, human interest stories, and women's issues. She previously uncovered a growing pattern of knife ...
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 ...
France’s Hermès will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said Thursday, as it posted first-quarter sales that slightly missed market ...
French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH and Hermes—the ...
Hermes’ iconic leather bag styles (part of the more than EUR 6.5 billion leather goods segment) are in limited supply, supporting the brand’s exclusivity perception and providing the company ...
Hermes has surpassed LVMH as Europe's largest luxury company by market capitalization, fueled by disappointing first-quarter revenue for LVMH due to weakened sales in the U.S. and China.
PARIS, France — French group Hermes overtook LVMH as the world’s most valuable luxury company on Tuesday after shares in the Louis Vuitton maker tumbled following weaker-than-expected ...
Hermès International SCA’s valuation reached €243.65 billion ($276.3 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis Vuitton SE. That catapulted it ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news ...
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 ...
Because if time flies, it may as well do so beautifully — preferably pinned to your collar. Explore more at hermes.com.