Birkin bag maker Hermes posted a 22.9% rise in fourth quarter sales, lifted by brisk business in the United States, and flagged "no fundamental change" in trends in China despite COVID-19 disruptions
Kering and Hermes are up 17% and 23% year-to-date, partly on optimism surrounding China's economic reopening.

Hermes: Bucking The Asia Weakness Trend

02:40am, Wednesday, 12'th Oct 2022
With a P/E ratio of over 40x, Hermes is highly valued even compared to other luxury peers, many of which have higher than average market multiples too. Its continued growth in Asia, despite China's sl

Hermes snubs luxury resale market

08:48am, Friday, 29'th Jul 2022
Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas said on Friday.
Hermès, Costco, and Dollar General are all evergreen investments.
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 show the company's B
After generating dynamic growth in 2021 and first quarter 2022, Hermès' immediate plans include more stores, especially in the U.S., and home furnishings with the metaverse ripe for exploration.

Hermes: Long Term Growth Already Priced In

07:15am, Friday, 15'th Apr 2022
The French luxury giant reached €2.765 billion revenue in 2022 Q1, well above analyst expectations. This was supported by the Americas area with a 44% increase. 1% Russian exposure and no business i
Birkin bag maker Hermes and Cartier owner Richemont said on Friday they are temporarily closing Russian stores and pausing all commercial activities in the country, the first major global luxury firms
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 sales growth than that of it

Hermes 2021 Rev EUR8.98B

07:25am, Friday, 18'th Feb 2022 MarketWatch
By Joshua Kirby Hermes International SCA said Friday that earnings and revenue surged in 2021, with Asia driving growth and Europe recovering from the…

3 Luxury Stocks to Seize Sizable Opportunities

09:44am, Friday, 11'th Feb 2022
The market for luxury goods has been fueled by the mushrooming of high-priced fashion, leather goods and watches, just to name a few, that are sought out by the growing affluent in the U.S., Europe an
Hermes is a French company operating in the luxury fashion brands industry. With a market cap exceeding 140B EUR and an enterprise value of 135B EUR, it's currently trading at 60 times earnings and an
Barclays reissued their equal weight rating on shares of Hermès International Société en commandite par actions (OTCMKTS:HESAY) in a research report report published on Tuesday morning, The Fly reports. HESAY has been the subject of a number of other research reports. HSBC raised Hermès International Société en commandite par actions from a reduce rating to []
French luxury goods company Hermes won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stock, which has hit all-time highs.
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