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In 2024, the personal luxury market contracted by 2%, and only a third of luxury brands managed to grow. Yet, Hermès defied ...
Hermès reports €15.2B revenue for 2024, up 15%. Strong demand boosts results, but overpriced stock suggests caution.
European equity futures were poised for a muted open as investors digested U.S. President Trump considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products.
Bernard Arnault and the president go back decades. Can the LVMH chief now leverage that bond to stay out of trade wars?