Hermès International News and Global Luxury Fashion Updates
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U.S. expansion helps luxury groups cushion China slowdown
Luxury brands are deepening their push into more U.S. cities as weaker demand in China and a broader sector downturn force them to seek new growth pools. The strategy is supporting sales at some ...
European luxury groups lose €250bn in value as China demand weakens
A prolonged slowdown in Chinese consumer spending is deepening the luxury sector's downturn and eroding valuations across Europe's biggest listed groups. Weaker equity markets in China and the ...
China luxury brands gain share as western rivals face weaker sales
China’s luxury downturn is exposing a sharp divide between weak overall spending and fast growth at some domestic premium brands. The shift is raising new questions for investors over whether ...
China luxury slowdown deepens for Hermès and Cartier
A pullback in spending by wealthy Chinese consumers is increasingly reaching the top end of the luxury market. Hermès and Cartier, long seen as more resilient in mainland China, are now posting ...
Hermès sales growth slows as China and Middle East demand weakens
Luxury demand is proving uneven across key markets as Hermès reports quarterly sales that fall short of analyst expectations. The French group says weaker conditions in China and the Middle East ...
Hermes scarcity model faces pressure as Birkin resale premiums fall
A softer second-hand market is eroding the resale windfall that long reinforced demand for Hermes' Birkin bags. Rising supply on resale platforms and weaker price premiums are prompting fresh ...
Jabil, Adani sign India AI equipment venture pact
India is expanding its data centre and artificial intelligence infrastructure as manufacturers position for rising demand in servers, racks and cooling systems. Jabil and Adani Enterprises say ...
Luxury fashion faces climate risk as hotter summers disrupt winter sales
Luxury brands are adjusting collections as prolonged heat shifts consumer demand and weakens the traditional timing of autumn and winter clothing sales. The pressure is visible at Paris Fashion ...
Luxury brands seek runway boost as sector slowdown deepens in Milan and Paris
Luxury groups are using Milan and Paris Fashion Week to defend demand as weaker spending and geopolitical tensions cloud the outlook for high-end goods. Investors are watching whether costly ...
Frasers Group raises Hugo Boss stake as luxury expansion deepens
Frasers Group is increasing its exposure to Hugo Boss as the UK retailer steps up its move beyond discount sports retail into higher-end fashion. The enlarged holding comes after Hugo Boss ...
