French luxury group Hermes, renowned for its Birkin handbag, will increase prices in the United States from May 1st. This decision aims to offset the impact of President Trump's 10% import tariffs.

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 ...

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 ...

Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts. LVMH ...

And the company that has dethroned the luxury giant is Hermes – the bag maker that LVMH once tried to take over back in 2010. The development came as the biggest luxury company in Europe ...

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 ...

PARIS (Reuters) - France's Hermes (RMS.PA) will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that ...

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. The ...