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Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...
The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and steady demand ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
Sales grew 9% at constant exchange rates and the company held its medium-term revenue growth target, but warned of economic ...
Hermès shares worth €14 billion (US$16.2 billion) inherited by Nicolas Puech, an heir to the Birkin bag maker's fortune, ...
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.
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales reported on Wednesday, showing ...
Hermès executive chairman Axel Dumas shared that he has reason to believe that 82-year-old heir Nicolas Puech no longer holds ...
Back when Axel Dumas was in charge of retail operations for Hermès in France, starting in 2005, one of his tasks was to pay a visit to all the company’s stores. “My goal was never to get the ...
Axel Dumas is a French businessman born in 1970. He is the sixth generation of the Hermès family, a luxury fashion and lifestyle brand founded in 1837.