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...pâtissière for her characterful cakes; and chef Monika Varšavskaja designs multisensory events for Hermès and Ami Paris....
...In a city-level survey, London maintained its top place, but Madrid rose to second place after overtaking Paris, which is hosting the Olympic Games in the summer....
...Hermès is one of the most reliable performers in the luxury sector, with its high end clientele helping it to defy downturns....
...However Hermès is expected to be at the head of the pack despite the more challenging outlook....
...High-end Hermès, maker of the coveted Birkin bag, smashed analysts’ expectations with a 17 per cent revenue growth on a like-for-like basis in the first three months of the year....
...Hermès a market capitalisation of €228.40bn....
...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....
...Its results also pulled down the shares of stronger rivals LVMH and Hermès....
...Paris-based LVMH reported its weakest growth in quarterly sales since the post-pandemic recovery supercharged luxury revenues at the start of 2021....
...Only about one-third of available Airbnb rentals for the Paris area have so far been booked during the Olympics, according to data analytics group AirDNA, while 3,000 to 3,500 new listings are coming online...
...This being Hermès, the art of upcycling has been elevated to new heights....
...Kering will report first-quarter sales at the end of April. Read more here...
...Sales growth at French luxury group Hermès softened in the third quarter, in line with the wider industry but still beating market expectations....
...At Hermès, Nadège Vanhee brought the rain indoors, as models strode forward in clean monotone looks alongside a cascade of water....
...Hermès shares rose 1.3 per cent to €1,703.60 in Paris on Tuesday morning....
...The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...said Pierre-Alexis Dumas, scion of Hermès’ controlling dynasty and artistic director of the brand, modestly. No, it was great. It’s a bold word, “great”....
...Luxury’s biggest groups, such as Richemont, LVMH and Hermès, are expected to widen their lead on weaker competitors as the world’s wealthiest splash out on the highest priced handbags and jewellery....
...Its profit warning contrasts with the performance of bigger rival luxury groups LVMH and Hermès, which increased sales by double digits in their most recent quarters....
...Hermès, maker of the Birkin bag, increased sales by a quarter in the first half of the year, defying a trend of slowing US sales growth weighing on luxury sector rivals....
...in Paris and Palazzo Grassi in Venice....
...The Paris-based luxury leader accounted for 4 per cent of all French exports last year, according to a study by consultancy Asterès for LVMH released on Thursday....
...I’m launching a bespoke range of my own one day. The last thing I bought and loved was a pair of Dries Van Noten mesh basketball pants I got when I was in Paris for the Louis Vuitton menswear show....
...Hermès shares were up 4 per cent in Paris on Friday, giving the company a market value of €212bn....
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
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