Sokolova pointed to LVMH’s larger exposure to the lower end of the luxury spectrum, whereas the wealthier client base of Hermes allowed it to better weather an industry downturn. Hermès ...

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French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.

Forbes contributors publish independent expert analyses and insights. Kevin covers retail, airports, and the global traveling shopper. Hermès is increasing its production capacity. Photo ...

Hermes has surpassed LVMH as Europe's largest luxury company by market capitalization, fueled by disappointing first-quarter revenue for LVMH due to weakened sales in the U.S. and China.

Prior to Trump's tariffs, which went into effect on April 3, Hermes reported weak US sales for the first three months of the year. This was followed by price increases. When adjusted for currency ...

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Your favorite Hermès goods are about to get a bit pricier. The French maison will be raising costs of all its products in the U.S. to offset President Donald Trump’s tariffs, the company ...