Hints and tips:
Related Special Reports
...Sales in the fourth quarter grew 13 per cent to €3.36bn, ahead of forecasts from UBS and following double-digit growth in its biggest markets in North America and Asia the same time last year....
...Hermès said on Friday that sales in the fourth quarter of 2023 grew 13 per cent to €3.36bn — ahead of forecasts from UBS — on top of already rapid growth in its biggest markets in North America and Asia...
...Other managers say they are still deciding what to do, but analysts at Bank of America and industry executives predict additional closures and conversions as the deadline draws nearer....
...“Very soon after, North Korea started sending what appeared to be phishing messages....
...France’s Hermès is emerging as a winner in the luxury goods sector thanks to strong demand for its Birkin handbags....
...Sales in France advanced 24 per cent, while they grew 20 per cent in the Americas, a market dominated by the US....
...committee also reported that a limited liability company linked to the campaign of Santos transferred tens of thousands of dollars to the congressman’s personal accounts, with funds used to make purchases at Hermès...
...The Credit Suisse takeover has cemented UBS’s position as the biggest wealth manager outside North America....
...But some of the biggest players, including BlackRock, Goldman Sachs and Federated Hermes, said they believe that the inflows will persist....
...One North London thing to start: Joe Lewis, the British billionaire whose family owns England’s Tottenham Hotspur football club, has pleaded guilty to three criminal counts in an insider trading case, tarnishing...
...America — and Palus’s custodianship of Gucci as a way to fast-track the turnaround....
...Hermès, by contrast, reported a 19 per cent sales increase in the Americas “thanks to the good momentum in the United States”, it said....
...Sales at French luxury group Kering lagged behind competitors LVMH and Hermès in the first quarter, dragged down by the performance of its wholesale division and North America....
...Sales at French luxury group Kering lagged behind competitors LVMH and Hermes in the first three months of the year, dragged down by a sales decline in wholesale and in North America....
...Central banks’ battle against inflation “does not support the bulls’ thesis”, said Lewis Grant, portfolio manager for global equities at Federated Hermes....
...One notable exception is Hermès which reported a 22 per cent rise in sales in the first half of the year....
...Shares in the four companies have risen 61 per cent, 25 per cent, 45 per cent and 28 per cent respectively since then, with LVMH and Hermès hitting record highs....
...This part of north-west Connecticut is rural, and while it feels a world away, it’s actually not too far from my home in New York City....
...Her group had almost $12bn of inflows, placing it sixth behind the top three and Charles Schwab and Federated Hermes....
...And within America, it was New York that doubled down on its status as the luxury capital of the world....
...The remarks follow bullish reports from luxury companies such as Hermès and LVMH. A new FT film documents the rise and fall of Sam Bankman-Fried’s FTX cryptocurrency exchange....
...In part, the rise of quiet luxury in China stems from a similar socio-economic context to the one that has spurred the trend in Europe and North America....
...After Senequier Senequier remains a revered but increasingly isolated figure, spending long stretches in New York, where she is overseeing the firm’s push into North America, and working alone from her...
...LVMH is pushing its smaller brands into smaller cities, said Anish Melwani, who heads North America....
...Jardine said the money would be used to back the British company’s plans to expand its fleet-charging business in North America and Europe....
International Edition