Hermès sales exceed their pre-pandemic level
Sales of the French luxury group Hermès reached 2.1 billion euros in the first quarter of 2021, increasing by 38% compared to 2020, the year…
Category: Business
Burberry criticized for its positions on Xinjiang
Burberry has lost a Chinese brand ambassador and its signature Scottish motif removed from a popular video game, becoming the first luxury brand affected by…
LVMH revenue down by 17% in 2020
Luxury giant LVMH Moët Hennessy Louis Vuitton posted revenue of €44.7 billion in 2020, down by -17% year-on-year. Organic revenue declined by -16% compared to 2019. Profit…
Le marché chinois du luxe survivra-t-il l’augmentation des prix ?
Le marché chinois du luxe est sous pression puisque dans la foulée de l’augmentation des prix d’Hermès au début du mois de janvier, des marques…
