While Rivals Stumble, Hermès Keeps Climbing With Q2 Sales Up 9%
ÎLE-DE-FRANCE, FRANCE, JUL 30 – Hermès sales grew 9% globally in Q2, led by 14.7% growth in Japan and 12.6% in Europe, supported by a focus on scarcity and craftsmanship, company reports.
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Hermès' CEO says seeing new Birkins on the resale market puts him in a bad mood
Birkin bags and Hermès accessories at Paris Fashion Week in March 2024Jeremy Moeller/Getty ImagesHermès' boss isn't happy when brand-new Birkins pop up on resale platforms.CEO Axel Dumas said selling Birkins to resellers hurts Hermès's bond with real customers."I pull a face, and I'm not happy," he said about seeing his bags on secondhand marketplaces.The sight of fresh Birkins on resale sites puts Hermès' CEO in a foul mood.Axel Dumas, the bill…
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Total News Sources4
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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