Hermès

Hermès Brings Scarcity Model to the Beauty Industry
Hermès Brings Scarcity Model to the Beauty Industry
March 23, 2023  |  Retail

Following a 15% increase in beauty and perfume sales last year, luxury fashion house Hermès is expanding its beauty category with all-new products. The luxury...

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Hermès Q4 Sales Up 26% as Luxury Brand Caps ‘Particularly Robust’ Year
Hermès Q4 Sales Up 26% as Luxury Brand Caps ‘Particularly Robust’ Year
February 17, 2023  |  Retail

Hermès is seeing no slowdown in sales of luxury products. The luxury brand said in a Friday (Feb. 17) earnings release that it had a...

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Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022  |  Retail

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....

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EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022  |  Retail

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...

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EMEA Daily: Amazon Ramps Up Lawsuits Against Fake Review Sites
EMEA Daily: Amazon Ramps Up Lawsuits Against Fake Review Sites
October 20, 2022  |  emea

Today in Europe, the Middle East and Africa news, U.K. bank NatWest announced a new partnership with Vodeno to establish a Banking-as-a-Service business, and Amazon...

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Hermes to Boost Prices Amid Continued Luxury Resilience
Hermes to Boost Prices Amid Continued Luxury Resilience
October 20, 2022  |  Retail

Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued...

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Hermes Trademark Lawsuit Against MetaBirkins NFT Artist Moves Forward
Hermes Trademark Lawsuit Against MetaBirkins NFT Artist Moves Forward
May 08, 2022  |  Legal

French fashion house Hermes International has persuaded a judge not to throw out its trademark lawsuit against an artist selling “MetaBirkins” non-fungible tokens (NFTs) which...

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Hermes ‘Curious’ About Metaverse as Means of Communication
Hermes ‘Curious’ About Metaverse as Means of Communication
April 21, 2022  |  Metaverse

Hermes, the Parisian luxury brand, will remain focused on craftsmanship but may turn to the metaverse for “communications,” Executive Chairman Axel Dumas told shareholders Wednesday...

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Hermes Slumps on Handbag Supply-Demand Imbalance
Hermes Slumps on Handbag Supply-Demand Imbalance
February 18, 2022  |  Retail

Paris-based luxury accessory producer Hermes struggled to meet customer demand during the 2021 holiday period, Reuters reported Friday (Feb. 18). For Hermes to post slower...

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