Hermes Stands Out in Tough Luxury Landscape -- Market Talk
Express News | Barclays has lowered the Target Price for Hermès from 2820 euros to 2710 euros.
Hermes International SA To Go Ex-Dividend On May 6th, 2025 With 1.0789 USD Dividend Per Share
May 4th (Eastern Time) - $Hermes International SA(HESAY.US)$ is trading ex-dividend on May 6th, 2025.Shareholders of record on May 6th, 2025 will receive 1.0789 USD dividend per share. The ex-
Hermes Stands Out Amid Challenging Luxury Landscape -- Market Talk
Hermes's Sales Should Accelerate -- Market Talk
Hermès Heir 'Strongly Contests' Lawsuit Over US$16b Fortune
A Weak Dollar and Record Gold Price Are More Bad News for Luxury Stocks -- Heard on the Street -- WSJ
Express News | The new tariff burden will be borne by USA consumers, as French luxury brand Hermès announced a price increase across all product lines in the USA.
Express News | Hermès is going to raise prices, and Johnson & Johnson warns of a $0.4 billion loss due to tariff policies.
Hermès announced a price increase across all lines in the USA.
According to Global Network on April 18, French luxury brand Hermès announced on April 17 local time that it will pass on the tariff burden in the USA to American customers to offset the impact of the tariffs.
The "inescapable" chill of the Luxury Goods market, Hermès Q1 sales fell short of expectations.
Due to the slowdown in demand in the China market, Hermes (HESAY.US) experienced a significant impact on its sales at the beginning of the year, and even as a brand with the strongest resilience among high-end Luxury Goods, it could not remain unaffected in the local Luxury Goods Industry's slump.
Hermes to Raise Prices in the U.S. to Mitigate Tariff Hit -- 2nd Update
Express News | JPMorgan: Downgraded the Target Price for Hermès from 2,700 euros to 2,650 euros.
Hermès Delivers Solid Sales Growth in First Quarter Amid Economic Uncertainty
Hermès' first-quarter revenue increased by 8.5%. Prices will rise in the USA on May 1.
On April 17, Glonghui reported that French Luxury Goods brand Hermès announced a first-quarter revenue of 4.129 billion euros, an increase of 8.52% year-on-year, but lower than the market estimate of 4.16 billion euros. Chief Financial Officer Eric du Halgouet stated that prices in the USA market will be increased starting May 1 to offset USA tariffs, with the regular adjustment this year expected to be around 6% to 7%, although the final pricing decision is still being finalized. He also mentioned that no significant change in demand trends in the USA was observed in April. Executive Chairman Axel Dumas stated that despite the Global economy and geopolitical situation in the medium term.
Luxury Brand Hermes to Pass on Tariff Costs to US Clients as Sales Growth Slows
European Indexes in Red, Awaiting EBC Interest Rate Decision, Siemens Energy Gains 10%
The luxury brand Hermès will pass on tariff costs to customers in the USA.
On April 17, Gelonghui reported that France's Hermès announced on Thursday that it would fully pass the tariff burden to wealthy customers in the USA. The company's first quarter sales were slightly below market expectations, showing rare signs of weakness. Hermès' first quarter sales were dragged down by the ongoing market slump but still performed better than its peers. Earlier this week, industry leader LVMH reported a 5% decline in sales in its most important fashion and leather division, while Hermès has become the world's highest Market Cap Luxury Goods group. "We will increase the sales prices across all business lines in the USA starting May 1, thereby fulfilling"
Hermès saw sales growth in the first quarter, but it slightly missed expectations, surpassing Louis Vuitton to become the largest Luxury Goods company in the Global market.
The luxury goods group Hermes reported that revenue increased in the first quarter, driven by strong sales growth in the USA, although it was slightly below Analyst expectations. On a constant exchange rate basis, revenue grew 7% year-on-year to 4.1 billion euros (approximately 4.65 billion dollars), slightly below the 7.6% increase forecasted by Citibank analysts. Citibank described this performance as "stable." Sales in the Americas grew by 11%, in Europe outside of France by 13%, in France by 14%, and the Japan market surged by 17%, with sales in the region including the Middle East growing by 14%, all contributing to overall growth. Hermes, known for its Platinum bags,
European stocks fluctuate丨Hermès falls 4%, Q1 revenue below expectations.
On April 17, Glonghui reported that the stock price of the French Luxury Goods giant Hermès fell by 4% in the Europe market. In the news, Hermès announced a 7% increase in first-quarter sales on Thursday, which is below the market expectation of 9.8% and represents a significant slowdown compared to the 18% growth of the previous quarter. In the first quarter ending March 31, Hermès generated revenue of 4.13 billion euros, while the market estimate was 4.16 billion euros. In the turbulent economic environment, the company's revenue performance for handbags and fashion products was unusually weak. Despite the uncertainty, Hermès has maintained its outlook for 2025.