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Did you know that most major luxury stocks have consistently outperformed the market in recent years? The industry's strongest brands have benefited substantially from a growing number of affluent con
UBS says investors should forget about the Magnificent Seven and look across the Atlantic to 18 European stocks they've highlighted that account for approximately 25% of the Stoxx Europe 600 Index, th
Fashion company Hermes vowed to 'vigorously defend itself' in a lawsuit filed against it in California claiming it unlawfully allows only customers with "sufficient purchase history" with the company
Hermès—the coveted Birkin and Kelly bag maker—reported a 17% jump in first-quarter sales Thursday on the back of strong leather goods sales and Chinese demand, bucking the global luxury slowdown.
Source: Andrew Burton / Getty Images News via Getty Images Forward stock splits are usually viewed as bullish market indicators.
Buy rating recommended for Hermes International based on strong 1Q24 and FY24 performance expectations and ability to raise prices. RMS saw strong demand momentum in all regions, particularly in China
The Mag Seven stocks have powered gains in the U.S. market. Now, the hunt is on for an equivalent group of outperformers elsewhere.
Hermès has been sued over claims it unlawfully allows only customers with "sufficient purchase history" with the company to buy its famous Birkin bags.
French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags.
Hermes (EPS: RMS) stock price is thriving, becoming one of the best-performing companies in the CAC 40 index. It has jumped by more than 35% in the past 12 months while the CAC 40 is up by less than 1

This luxury stock could be poised for a surge

04:32am, Wednesday, 21'st Feb 2024
Luxury companies might be an unconventional investment due to their slightly different operations, especially with Hermès International (EPA: RMS), a 200-year-old family-owned business.
Hermes saw fourth-quarter revenue climb 17.5% at constant exchange rates as sales surged at the end of last year. The company also announced plans for an exceptional dividend of €10 a share.
Hermes may be one of the biggest winners in the age of AI despite not directly using AI in its operations. Hermes is well-positioned to benefit from the megatrends that will arise as a result of AI. H
As money managers talk about various methods of selecting quality companies, investors might also think about diversification, which can lower risk and broaden opportunities.

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