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Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.
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Mystery $10M Birkin buyer says purchase was his ‘most expensive’ ever: ‘Made me sick to my stomach’
Japanese resale mogul Shinsuke Sakimoto, that’s who. The now-revealed mystery buyer placed his winning bid from halfway ...
In his first major sit-down interview, Japanese CEO Shinsuke Sakimoto reveals how he outbid his “enemies” during the ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
As a pop-up handbag auction opens in London, a fashion frenzy is gripping venerable auction houses – and sending prices sky ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
Hermès shares have increased by 2% since the start of the year, beating out rivals like Cartier-owner Richemont. The rapidly ...
Hermès exceeds Q2 2025 revenue expectations with growth in Asia-Pacific, but high market multiples and net profit decline ...
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Hermès reported an 11.4% increase in revenues for the first nine months of 2024. The French fashion house is bucking the trend of the luxury industry as competitors like LVMH stutter.
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.
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