Hermes announced Thursday it is hiking prices only in the United States due to the impact of the 10% tariff that Trump imposed on goods produced by European Union members, including France.

French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump. Famous for its Birkin ...

Hermès has announced that it will continue to boost handbag production as its sales outperform those of its competitors, especially LVMH’s portfolio, including Louis Vuitton, Loewe, and Dior.