hermes
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E-TALENTBANK
French luxury group Hermes reported strong results for the first quarter of 2024, beating analysts' expectations amid high demand from Asia. Total sales, adjusted for exchange rate fluctuations, rose by 17% to €3.8 billion ($4.1 billion), the company announced in Paris on Thursday. Hermes' leather goods, accessories and jewellery performed particularly well. Demand for the brand's signature Kelly and Birkin bags also remained robust amid a difficult period for the luxury goods sector. Shares in Hermes' competitor Kering were down 7% on Wednesday after a profit warning amid concerns about decli...
DPA International
French luxury group Hermes reported strong results for the first quarter of 2024, beating analysts' expectations amid high demand from Asia. Total sales, adjusted for exchange rate fluctuations, rose by 17% to €3.8 billion ($4.1 billion), the company announced in Paris on Thursday. Hermes' leather goods, accessories and jewellery performed particularly well. Demand for the brand's signature Kelly and Birkin bags also remained robust amid a difficult period for the luxury goods sector. Shares in Hermes' competitor Kering were down 7% on Wednesday after a profit warning amid concerns about decli...
DPA
French luxury group Hermes reported strong results for the first quarter of 2024, beating analysts' expectations amid high demand from Asia. Total sales, adjusted for exchange rate fluctuations, rose by 17% to €3.8 billion ($4.1 billion), the company announced in Paris on Thursday. Hermes' leather goods, accessories and jewellery performed particularly well. Demand for the brand's signature Kelly and Birkin bags also remained robust amid a difficult period for the luxury goods sector. Shares in Hermes' competitor Kering were down 7% on Wednesday after a profit warning amid concerns about decli...
DPA Breaking News
Los Angeles (AFP) - Fashionistas desperate to get their hands on an exclusive Birkin handbag are suing Hermes in California on grounds the company won't sell them one unless they buy other luxury products first. A class-action lawsuit argues that would-be customers have to spend tens of thousands of dollars on scarves, shoes and belts just to be given the opportunity to get their hands on one of the world's most sought-after purses. One of the plaintiffs, Tina Cavalleri, says she inquired about buying one of the coveted handbags from the French company in 2022. She "was told specialty bags are...
AFP
New research has revealed the companies that went public the slowest, with half taking over a century to offer shares on the stock market. Q3 2021 hedge fund letters, conferences and more The research, undertaken by Tide, looked at 100 of the companies with the highest market caps and researched the date they were founded and the date when they first offered shares for public purchase. The Slowest Companies To Reach Their IPOHermes International SCA (EPA:RMS) is one of the most exclusive luxury brands in the world and is still majority-owned by the founding Hermès-Dumas family. Tobacco giant P...
ValueWalk
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