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08-31-2010 |
Hermes reports 55-percent profit surge
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French luxury group Hermes reported on Tuesday a 55.2-percent surge in second-half profit and said it foresaw a 12-percent jump in sales this year.
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08-09-2010 |
Hermes rises on Goldman upgrade
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Shares in French luxury group Hermes gain 2.1 percent, featuring among the top gainers on France's broad index, after Goldman Sachs upgrades its rating on the shares to "neutral" from "sell", citing valuation.
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07-20-2010 |
Hermes reports first half sales surge
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French luxury goods group Hermes reported on Tuesday a near 23-percent surge in first half sales and doubled its revenue forecast for the year, in an indication the market for high-end products is vibrant.
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05-27-2010 |
Gaultier to quit Hermes
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French couturier Jean-Paul Gaultier is stepping down as artistic director of the luxury ready-to-wear brand Hermes after seven years to concentrate on his own projects, the group announced.
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05-09-2010 |
Hermes shines with best first quarter sales of luxury sector
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Hermes posted the biggest surge in first-quarter sales of all European luxury goods companies, pointing to a continued polarisation of the market in which well-established brands crush weaker rivals.
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05-06-2010 |
Hermes sales surge in Asia, slump in Japan
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French luxury giant Hermes reported strong growth in sales in the first quarter boosted largely by a 44.8-percent rise in Asia without Japan, where sales dropped 4.6 percent.
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05-03-2010 |
Longtime Hermes luxury group boss dies
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Jean-Louis Dumas, who chaired the French luxury goods group Hermes for almost three decades until 2006, has died at the age of 72, his spokesman said.
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03-28-2010 |
Hermes concerned about medium-term demand
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Hermes aims to lift 2010 sales by at least 5 percent but is concerned possible tax hikes to cut European budget deficits could dampen medium-term luxury demand.
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03-25-2010 |
Hermes says 2009 operating profit up 3.1 percent
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French luxury group Hermes posted a 3.1 percent rise in operating profit for 2009 in spite of the industry's worst downturn in two decades.
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02-10-2010 |
Hermes CEO sees higher taxes hitting luxury
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Governments worldwide will have little choice but to raise taxes on the rich to address ballooning deficits, a development that would harm luxury spending in the coming years, said Hermes's chief executive, Patrick Thomas.
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02-05-2010 |
Hermes ups its 2009 profit forecast
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French luxury group Hermes raised its own profit expectations for 2009 after posting forecast-beating full-year sales on the back of strong Christmas trading.
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01-20-2010 |
Hermes to launch new Chinese luxury firm
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French luxury goods group Hermes is set to open a Chinese subsidiary later this year that will sell furniture, clothes and household accessories, the company said.
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11-06-2009 |
Asia boosts Hermes luxury sales
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Sales in Asia helped boost French luxury group Hermes in the third quarter, the company said, reporting an overall 10-percent rise in sales to 452 million euros (672 million dollars).
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10-07-2009 |
Hermes: Anyone for tennis?
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Jean-Paul Gaultier turned the runway into a lawn tennis court for his spring-summer 2010 collection for the luxury brand Hermes as the Paris ready-to-wear week drew to an end.
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10-07-2009 |
Hermes CEO "rather pessimistic" on next 15 months
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French luxury group Hermes will see high single-digit growth in its turnover for 2009 at current exchange rates, its CEO said.
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10-01-2009 |
Hermes says it has bought site on New Bond Street
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French luxury group Hermes said it had bought a property on London's New Bond Street, a venue for high-end retail shops, for 73 million pounds (80 million euros, 116 million dollars).
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09-22-2009 |
Hermes to close year with single-digit growth
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French luxury group Hermes expects to close the year with single-digit growth, Chief Executive Patrick Thomas was quoted saying in an Italian newspaper.
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09-03-2009 |
Erwin Wurm captures the image of the Hermès man
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Hermès placed itself alongside contemporary art once again with the continued presentation of the work of Erwin Wurm. This time it is at the house’s boutique in Bordeaux that will host the curious sculptures from the artist.
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08-28-2009 |
Hermes first half profits miss market forecasts
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French luxury group Hermes posted first-half profits below market expectations, hit in part by lower revenues from its financial investments and slower growth in certain markets.
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08-24-2009 |
Hermès deny Jean-Paul Gaultier to leave
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For the past few days articles and rumours have been flying around on the Internet that designer Jean-Paul Gaultier was ready to leave his position with Hermès. Contacted by FashionMag.com, the luxury fashion house categorically denied the story.
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08-07-2009 |
Forget the shuttle, take a Hermes chopper to the airport
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Got to get to Narita airport from downtown Tokyo but pressed for time? Soon you will be able to hire a Hermes helicopter - and make it in just 30 minutes.
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07-23-2009 |
Hermes to open first Brazil store this year
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French luxury goods group Hermes will open its first Brazilian store in Sao Paulo after almost 30 years of trademark disputes and unsuccessful attempts to lure partners.
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07-21-2009 |
Leather bags help Hermes second quarter sales rise 12 percent
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French luxury goods group Hermes posted a 12 percent rise in second-quarter sales, driven by demand for its leather bags.
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06-08-2009 |
Hermes breeds own crocs to meet bag demand
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French luxury goods group Hermes has resorted to breeding its own crocodiles on farms in Australia to try to meet demand for its leather bags, its chief executive said on Monday 8 June.
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06-08-2009 |
Hermes sees luxury market suffering 2 years
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Hermes believes turbulence could hit the global luxury goods industry for the next two years and has put some expansion plans on hold, the French fashion and leather goods group said on Monday 8 June.
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06-02-2009 |
Hermes confirms target of stable 2009 sales
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French luxury goods group Hermes confirmed its target for more or less stable 2009 sales at constant currencies and said the impact of the economic crisis on purchasing power was still a factor.
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05-21-2009 |
Celebrated Aborigine artist takes the bush to Hermes
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Aborigine Gloria Petyarr has become the first Australian artist to design for Hermes, creating a pattern for one of the silk scarves the French fashion house is renowned for.
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05-07-2009 |
Hermes sales rise 3.2 percent in first quarter
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Hermes proved again it was resisting the crisis better than many of its rivals by posting a 3.2 percent rise in first-quarter sales on Thursday 7 May, helped by resilient demand for handbags and silk scarves.
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04-26-2009 |
Hermès considers sales on mobile phones
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At the same time as the deployment of online shopping, Hermès is considering necessary technology adaptations to sell on internet capable “smart phones”. “The technology is developing very quickly. We must take advantage," explained Charles Henri Leroy, director of client relations.
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04-10-2009 |
Hermes hails record Taiwan trademark infringement fine
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French luxury goods group Hermes on Friday 10 April hailed a Taiwan court's ruling to impose a record fine of 7.77 million US dollars on a former employee for selling counterfeit bags.
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03-19-2009 |
Hermes proves bastion of strength in tough market
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French luxury goods group Hermes said current trading was stable and it would continue expanding globally as it posted strong 2008 earnings, a message that contrasted with growing gloom in the sector.
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02-06-2009 |
Hermes says 2009 margins could slightly decline
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French luxury group Hermes warned a possible drop in operating margins this year and flattish revenue growth after posting a 1.7 percent rise in fourth-quarter sales at constant exchange rates.
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12-12-2008 |
Armani unsuccessfully explored Hermes deal-report
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Giorgio Armani explored a merger with French luxury group Hermes but without success, the Italian designer told Bloomberg, adding he planned to keep control of his fashion empire as long as he stays healthy.
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11-06-2008 |
Hermes CEO sees tough end to year
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Hermes on Thursday became the latest European luxury group to cut its sales growth target, caught by global consumer spending gloom, and said trading worsened in October, sending its shares down sharply.
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10-06-2008 |
"Cowboy chic" the new Hermes style
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The new Hermes woman is a 21st century Western film heroine.
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10-04-2008 |
Hermes CEO says family no plans to sell
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Members of the controlling family of French luxury goods group Hermes have no plans to sell shares and the house is confident it will weather the financial crisis, Chief Executive Patrick Thomas told Reuters.
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08-29-2008 |
Hermes H1 profit rise, forms yacht venture
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Paris-based luxury group Hermes on Friday posted a solid rise in first-half profits, helped by resilient demand from non-French buyers for its themed silk scarfs and upmarket leather goods.
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07-22-2008 |
Hermes International H1 sales up 12.8 pct
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French luxury group Hermes International on Tuesday posted a 12.8 percent rise in first-half sales, pulled by strong demand for its trademark silks, handbags and perfumes. The 171-year-old company generated revenues of 813.2 million euros.
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07-22-2008 |
Silks, perfumes help Hermès shine in consumer gloom
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French luxury group Hermes is not expecting to join the CAC 40 index of blue chips .FCHI, sending its shares down more than 9 percent, and said it was not affected yet by consumer spending gloom.
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06-12-2008 |
Hermes, Technip seen joining France's CAC 40 index
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Luxury goods company Hermes and oil services group Technip are expected to enter the French blue-chip CAC 40 index .FCHI replacing either Air France-KLM or Lagardere , traders and analysts said on Thursday.
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03-01-2008 |
Gaultier goes down the Silk Road at Hermes
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Jean-Paul Gaultier fits like a glove at the luxury-led house of Hermes, as he demonstrated yet again with his impeccable collection for next autumn-winter on Saturday March 1st.
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