Birkin bag maker Hermes extends lead over rivals with end-of-year sales surge
French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...
The Edge Singapore1h
Hermès sales jump as label outperforms during luxury slump
The company has outperformed rivals because it caters to the wealthiest clients, whose spending tends to be more reliable ...
European Shares Set for Eighth Weekly Gain; Hermes Jumps After Strong Earnings
The benchmark was on track for its eighth straight weekly gain, its longest winning streak since March 2024. Hermes rose 4.2% ...
Hermes Sales Jump as Label Outperforms During Luxury Slowdown
Hermes sales climbed as the luxury group benefited from a strong appetite for its pricey handbags over the holiday shopping ...
soapcentral7h
Gucci sales drop by 24% as per its Q4 reports
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Kering price target raised to EUR 340 from EUR 320 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Kering (PPRUY) to EUR 340 from EUR 320 and keeps a Buy rating on the shares.Maximize Your ...
Kering price target raised to EUR 280 from EUR 250 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Kering (PPRUY) to EUR 280 from EUR 250 and keeps an Equal Weight rating on the shares.Maximize ...
This 100-Foot Superyacht Pairs a Supersized Interior With a Dip Pool on the Foredeck
This Lazzara UHV 100 superyacht with a dip pool and a supersized 2,800-square-foot interior volume is up for grabs for $15 ...
Analysts Pressure for Gucci to Name High-profile Creative Director as Brand Seeks Rebound
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.