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Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.
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.
In his first major sit-down interview, Japanese CEO Shinsuke Sakimoto reveals how he outbid his “enemies” during the ...
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Mystery $10M Birkin buyer says purchase was his ‘most expensive’ ever: ‘Made me sick to my stomach’
Japanese resale mogul Shinsuke Sakimoto, that’s who. The now-revealed mystery buyer placed his winning bid from halfway ...
The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods ...
Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.
Hermès exceeds Q2 2025 revenue expectations with growth in Asia-Pacific, but high market multiples and net profit decline ...
Hermès shares have increased by 2% since the start of the year, beating out rivals like Cartier-owner Richemont. The rapidly ...
Hermès shares fell as much as 4.7% as worries about the valuation of one of the luxury industry’s stars eclipsed sales growth ...
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The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and steady demand ...
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