Hermès

Hermes reports ‘solid sales growth’ in Q1

Hermès International (RMS) Q1 2024 earnings are in: Sales were up 17%, with double-digit growth in Asia and elsewhere, with jewelry and home growing fastest in the quarter.

Hermès International (RMS) Q1 2024 earnings are in: Sales gained 17%, with jewelry and home growing fastest in the quarter. It remains confident in China and U.S.

Princeton, NJ – The graphics that have covered the windows of the Palmer Square storefront for more than two years finally came off a week ago. Earlier this week a small sign was mounted on the…

The Hermès New Home collection debuted at Milan Design Week 2024 and was nothing short of breathtaking.

The Birkin brand saw a 14% increase in sales in the Asia excluding Japan, while all other regions earned double-digit growth.

Federated Hermes boss: AI’s private equity journey “is an evolution not a revolution”

Another record quarter for the most successful company on the French stock exchange.

Raise a cup to Melanie La Barrie and Jon Jon Briones!

Hermes showed its resilience amid a broader slowdown in demand for the sector as Chinese buyers bought up its luxury products. Sales at constant exchange rates jumped 17% to 3.8

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 particul…

Sales jumped to $4.1 billion in the first quarter, and shares rose as much as 1.3%, beating LVMH Moet Hennessy Louis Vuitton SE and Gucci owner Kering SA.

By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in China, and underlining strong demand for high end luxury. Its first-quarter growth beat expectations and far outpaced larger rival LVMH, showing the strength of businesses operating in the top end of the market

Hermès has reported its financial results for the first quarter of the 2024 fiscal year, when consolidated revenue was up 13% (17% at constant exchange rates) to €3.8 billion.

French luxury group Hermes posted a sharp rise in first-quarter sales on Thursday, driven by a

hermes 1 – Luxury fashion brand Hermès is launching a new home goods collection, as showcased during the house’s exhibition at Milan Design Week. Drawi…

Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.

PARIS, April 25 — Birkin bag maker Hermes reported a 17 per cent surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in…

Hermes 1st quarter sales jump 17% on strong China demand

Hermes Q1 sales jump 17% on growth across regions

Something is happening in the luxury goods industry. In France, Hermes (RMS) stock price has surged to a record high while Kering (KER) has plunged to its lowest level since October 2017. It has crashed by over 54% from its highest point in 2023.  The same trend is happening in the UK, where Burberry (LON: […]

Higher purchases from wealthy clients offset the reduced sales of affordable silk and fashion products.

Collaborations with haute couture designers, a few tricks and a touch of green are all it takes to make the list.

The Hermès object is ageless, it plays with the ambiguity between the old and the new, and transcends time.

What happens in Vegas stays in Vegas, but you ought to know what happened in Monaco. A reseller of luxury brands called Sellier Knightsbridge made a

LUXE Bidet Named Hermes Creative Awards 2024 Gold Winner

The operator of Larnaka and Pafos airports in Cyprus is looking to add connectivity to more major European capitals and reduce the seasonality of the market.

Philadelphia, PA – April 20, 2024 – The Hermes Expo proudly announces that Dr. Antonios P. Gasparis, MD, FACS, will be honored with the Hippocratic award – Greek Portal | Hellenic News of America

Marstead Living, a developer and operator of integrated retirement communities, has secured mortgage finance from Federated Hermes Private Credit, in a deal advised by Deloitte, enabling the purchase completion of an 18-acre site in London’s Mill Hill, in the Borough of Barnet, to create a new 175 home retirement village set in over 10 acres […]

Counterfeit handbag makers are creating superfake designer bags that are nearly identical to the originals, and young people are embracing this trend.

The St. Bede softball team used a pair of homers and a complete-game effort in the circle by Ella Hermes in defeating Marquette 4-2 and 12-6 in Tri-County Conference games on Monday afternoon.

Marstead Living has secured mortgage finance from Federated Hermes Private Credit, allowing it to complete the purchase of an 18-acre site in Barnet, London, for a retirement village with an estimated GDV of over £260m.

This year, the coveted HERMES Startup AWARD goes to Archigas, a young company based in Rüsselsheim, Germany.

Apr 22, 2024, 02:39PM ISTSource: TOI.in The Hezbollah resistance movement shot down Israeli spy drone Hermes 450 in South Lebanon after it advanced to the …

Schunk’s award-winning 2D Grasping Kit proves that technologies designed to automate repetitive sorting and logistics tasks are coming of age.

AMMAN: Iran-backed Lebanese group Hezbollah said on Sunday it downed an Israeli drone that was on a combat mission in southern Lebanon. The drone that was brought down above the Al Aishiyeh area in

Hezbollah fighters shoot down an advanced Israeli drone over southern Lebanon.

The Islamic Resistance in Lebanon successfully downs an Israeli Hermes 450 drone in al-Aishiya. In response to Israeli attacks on southern villages, they retaliated by targeting two buildings used by occupation soldiers in ‘Metulla’.

Federated Hermes Inc. lowered its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) by 6.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 63,223 shares of the specialty retailer’s stock after selling 4,552 shares during the period. Federated Hermes Inc.’s holdings in Ulta Beauty were worth $30,979,000 as of its […]

Federated Hermes Inc. decreased its position in AECOM (NYSE:ACM – Free Report) by 12.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 407,709 shares of the construction company’s stock after selling 55,490 shares during the period. Federated Hermes Inc.’s […]

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.

Federated Hermes Inc. increased its stake in Zimmer Biomet Holdings, Inc. (NYSE:ZBH – Free Report) by 8.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 232,785 shares of the medical equipment provider’s stock after purchasing an additional 17,545 shares during the quarter. Federated Hermes Inc.’s holdings in Zimmer Biomet were worth $28,330,000 as […]

Federated Hermes Inc. cut its position in shares of Elanco Animal Health Incorporated (NYSE:ELAN – Free Report) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,004,369 shares of the company’s stock after selling 47,464 shares during the period. Federated Hermes Inc.’s holdings in Elanco Animal Health were worth $29,865,000 as of its […]

Federated Hermes Inc. increased its stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON – Free Report) by 1.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 127,752 shares of the biotechnology company’s stock after purchasing an additional 1,674 shares during the period. Federated Hermes Inc.’s holdings […]

Federated Hermes Inc. reduced its holdings in IQVIA Holdings Inc. (NYSE:IQV – Free Report) by 9.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 171,525 shares of the medical research company’s stock after selling 18,688 shares during the period. Federated Hermes Inc.’s holdings in IQVIA were worth $39,687,000 as of its most recent […]

Federated Hermes Inc. lessened its holdings in Constellation Brands, Inc. (NYSE:STZ – Free Report) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 164,652 shares of the company’s stock after selling 3,723 shares during the period. Federated Hermes Inc.’s holdings in Constellation […]

Federated Hermes Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 33.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 501,500 shares of the ride-sharing company’s stock after purchasing an additional 125,057 shares during the period. Federated Hermes Inc.’s holdings in Uber Technologies were worth $30,877,000 at […]

Federated Hermes Inc. decreased its holdings in shares of Schlumberger Limited (NYSE:SLB – Free Report) by 46.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 523,384 shares of the oil and gas company’s stock after selling 463,023 shares during the quarter. […]

Federated Hermes Inc. lifted its stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP – Free Report) by 21.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 447,994 shares of the company’s stock after purchasi

hermès on Tressages équestres for milan design week On the occasion of Milan Design Week 2024, Hermès launches a new tableware collection, Tressages équestres, inspired by …