In the luxury fashion sector, few brands are as iconic and resilient as Hermès. The renowned maker of the coveted Birkin bag recently reported a noteworthy rise in third-quarter sales, marking an 11.3% increase compared to the previous year. This uptick in revenue attests to the brand’s ability to attract affluent consumers, even as many […]
Hermès Faces Slowest Quarter in Years as Luxury Woes Spread
In today’s ever-changing luxury market, Hermès is encountering significant challenges that threaten to shake its long-standing reputation for resilience. The iconic Birkin bag maker is projected to report its weakest quarterly revenue growth since late 2021 when it releases third-quarter sales figures this Thursday. Industry analysts are closely watching this development, as it may indicate […]
This Week: How Deep Will Luxury’s Downturn Go?
In the world of luxury goods, the recent woes of LVMH, Kering, Hermès, and Zegna raise pressing questions about the future direction of the sector. Following LVMH’s disappointing sales figures, analysts and investors alike are questioning just how far this downturn will extend. The situation becomes especially alarming given LVMH’s status as the leading indicator […]
Analytical, Not Literal: Inside Nadège Vanhee’s Hermès Vision
In the world of fashion, change is often equated with novelty, yet for Nadège Vanhee, the journey has been one of evolution. As the artistic director of women’s ready-to-wear collections at Hermès, Vanhee has been meticulous in her approach to reinventing the brand’s vision while maintaining its core essence. Her collections stand as a testament […]
Op-Ed | Why Luxury Stocks Are Headed for the Clearance Bin
The luxury market, often seen as a stable haven for investors, is experiencing a challenging phase as stocks begin to slide. Major players like LVMH and Hermès are witnessing declines in their share prices, not because the allure of their products has diminished, but due to external economic pressures that threaten the broader luxury landscape. […]