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Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per Business of Fashion ...
The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.
Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...
Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...
Amid market challenges, Hermès said its loyal customer base — who continue to buy bags, jewellery and ready-to-wear — has ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
French luxury group Hermes confirmed Wednesday its outlook for full-year sales growth as it turned rising revenue for all ...
Hermes reported a 9% rise in second-quarter sales, driven by strong demand for its iconic $10,000 handbags, including the ...
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
Hermes on Wednesday reported a 9% rise in quarterly sales due to the continued appetite from rich shoppers for its coveted, $10,000 handbags, helping the French house defy the global luxury downturn.
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