Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...

TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.

Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.

Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...

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.

Amid market challenges, Hermès said its loyal customer base — who continue to buy bags, jewellery and ready-to-wear — has ...

IT'S not you, it's me. That isn't the reaction from companies seeing cheaper versions of what they sell – but it should be.

The best defence, particularly in the luxury sector, is to ensure that the provenance of products is impeccable and that they ...

Axel Dumas (Hermès) discusses the disappearance of shares belonging to Nicolas Puech, heir to the group. A complex case with multiple twists.

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.

The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods company’s controlling family is finally seeing some glimmers of light.

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.