TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.

Hermès executive chairman Axel Dumas shared that he has reason to believe that 82-year-old heir Nicolas Puech no longer holds his $16.2 billion worth of shares in the retailer, per Business of Fashion ...

Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.

Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...

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.

IT'S not you, it's me. That isn't the reaction from companies seeing cheaper versions of what they sell – but it should be.

Amid market challenges, Hermès said its loyal customer base — who continue to buy bags, jewellery and ready-to-wear — has ...

The best defence, particularly in the luxury sector, is to ensure that the provenance of products is impeccable and that they ...

French luxury group Hermes confirmed Wednesday its outlook for full-year sales growth as it turned rising revenue for all ...

Axel Dumas (Hermès) discusses the disappearance of shares belonging to Nicolas Puech, heir to the group. A complex case with multiple twists.

Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...

Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.