A growing supply of second-hand Birkin bags is eroding resale premiums, raising questions about a strategy that helped Hermes become one of the world’s most profitable luxury companies, according to ...
The group’s consolidated revenue at the end of September 2026 amounted to €12.3 billion, up 6% at constant exchange rates and 3% at current exchange rates compared to the same period in 2025. The ...
Leather goods remained a strong point, while ready-to-wear was down as the group awaits Grace Wales Bonner's first collection.
Birkin bag maker Hermes on Thursday posted slightly weaker third-quarter revenues than analysts expected as ready-to-wear sales turned negative for the first time in years amid what Hermes called a ...
Supply in the secondary market for Hermès Birkin bags has surged, with the resale premium falling from roughly 2.6 times retail at its 2022 peak to ...
The bags and other Hermes items remain highly sought after, resellers said, but the brand is showing some strain.
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