By AFP Translated by Nazia BIBI KEENOO Published April 26, 2025 French companies exposed to the U.S. market are taking action to manage rising tariffs, using price hikes, production shifts, and cost-cutting measures to protect their margins. Bernard Arnault and Donald Trump in 2017. – Photo de Nicholas Kamm / AFP Price hikes to absorb…
By AFP Translated by Nazia BIBI KEENOO Published April 24, 2025 On April 22, French luxury house Hermès unveiled plans to develop a new leather goods workshop in Colombelles, in the Normandy region of northern France. According to the company, the project will “create 260 artisan jobs in the long term” and will help sustain…
By Bloomberg Published April 22, 2025 A high-stakes legal dispute has cast new light on the fortunes behind French luxury brand Hermès. A legal complaint filed in Washington, D.C. accuses 82-year-old Nicolas Puech—an heir to the Hermès dynasty—of failing to transfer shares worth approximately €14 billion ($16 billion) under a private agreement. Hermès International boutique…
Translated by Nazia BIBI KEENOO Published April 17, 2025 Hermès is continuing its momentum into 2025, despite a complex economic backdrop. In the first quarter, the French luxury house reported revenue of €4.1 billion, marking a 9% increase, or 7% at constant exchange rates, compared to the same period last year. Growth was seen across…
Translated by Nazia BIBI KEENOO Published April 15, 2025 French craftsmanship took center stage at Salone del Mobile 2025, with two of the most renowned luxury labels spotlighting glass at the heart of their home collections. While Hermès embraced a bold scenographic installation filled with light and color, Dior opted for a refined, in-store reveal…
By Bloomberg Published April 15, 2025 Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate that once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès overtakes LVMH in value—years after fending off takeover attempt. – Reuters Hermès International…
New figures from the analysts at GlobalData show that both Shein and Adidas grew strongly last year, ending as the big winners among the mega-names of global mass fashion and sports. Bloomberg GlobalData said that a “challenging economy made consumers more selective over where they shopped for apparel in 2024”. Overall, the top 10 players…
There was something strange about the suits at the Miu Miu show. At first glance, they looked polite enough: in chunky gray felt, with narrow little skirts and jackets with sloping shoulders. But what was going on with the darts? They looked more like … oversize folds. Making the breasts jut out like howitzers while…