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Hermès executive chairman Axel Dumas shared that he has reason to believe that 82-year-old heir Nicolas Puech no longer holds ...
Hermès shares worth €14 billion (US$16.2 billion) inherited by Nicolas Puech, an heir to the Birkin bag maker's fortune, ...
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.
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.
The company posted H1 increases in every region, although second quarter improvements were smaller than preceding periods.
Hermès International SCA said it believes that Puech no longer possesses any shares in the luxury fashion house and hasn't ...
The comments add a new twist to protracted legal battles over the shares’ whereabouts, which were further complicated by the ...
Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
Hermes has reported strong sales growth for the first half of this year, with revenue climbing in every region.
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
Luxury-goods giant Hermes International has been passing along tariff increases to its U.S. customers. Reuters reported from a company conference call that Hermes raised prices by 7% globally and an ...