Hermès news and archive

Auction trends: How important are fashion and accessories? Exclusive Interview with Alice Léger from Artcurial

As fashion and accessories have become increasingly popular in the world of auctions, many are keen to understand their growing influence. To delve into the significance and workings of these markets, FashionUnited spoke with Alice Léger, the head of the Fashion and Accessories department at Artcurial, the third largest global auction house,...

ManagementFeatured

Hermès reports sales growth despite dip in Asia

French luxury group Hermes, known for its leather bags and silk scarves, on Tuesday said it continued to see sales growth in the third quarter despite a dip in Asia. The 7.3-percent rise in overall sales in the third quarter from the same period last year to 3.4 billion euros (3.6 billion dollars) narrowly beat analyst expectations. The...

Fashion |Interview Featured

Behind Entrupy, official AI authenticator for luxury handbags on TikTok Shop

Following on the heels of the launch of the TikTok Shop in the US, Entrupy, an AI-powered luxury authenticator, has partnered with the social media giant as an official authentication provider of pre-owned luxury handbags on the platform. Founded in 2012, Entrupy’s aim is to protect businesses, consumers and borders from transacting in...

Business

Is the luxury bubble over?

LVMH’s revenue growth has slowed dramatically in the last quarter, a signal some are marking as the end of the global luxury bubble. Global growth investors may cycle into US Big Tech as a result, DataTrek said in a Tweet. “Today’s news that LVMH’s revenue growth has slowed dramatically likely marks the end of a global luxury bubble” DataTrek...

Video

Video: Hermès SS24

In this video you can see Hermès’ SS24 collection presented at Paris Fashion Week. FF Channel via Youtube

Business

Berlin designer Namilia wins trademark case against Hermès

Hermès had filed a lawsuit against Namilia for trademark infringement because of a reworked Birkin bag by Hermès that was presented on the catwalk by the German fashion label during Berlin Fashion Week SS24 in July. Now, the Frankfurt Regional Court has rejected Hermès' application for an injunction, citing the right of artistic freedom. These...

Fashion

Apple to stop using leather for its accessories

Apple’s annual event, which took place on the penultimate day of New York Fashion Week, had a surprise announcement. The tech giant said it would ban the use of leather for all its accessories, including watch straps and mobile phone cases. In an effort to meet its net zero emissions goal by 2030, Apple unveiled a new textile called FineWoven, a...

ManagementFeatured

Hermès posts 28 percent Q2 sales growth

The Hermès Group’s consolidated revenue in the first half of 2023 amounted to 6,698 million euros, up 25 percent at constant exchange rates and 22 percent at current exchange rates. In the second quarter, the company said, sales reached 3,317 million euros, increasing by 28 percent at constant exchange rates and by 22 percent at current exchange...

Business

PETA calls on Hermès to halt use of crocodile skin for Birkins

The People for the Ethical Treatment of Animals (PETA) has ramped up its efforts in attempting to convince Hermès to stop the use of crocodile skins in the brand’s iconic Birkin bags. Its latest call on the luxury brand comes days after the passing of Jane Birkin, the actor and singer who inspired the creation of the infamous luxury handbag. In...

People

Jane Birkin, style icon and Hermès muse, has died

Renowned English Franco style icon, actress, and singer, Jane Birkin, has passed away at the age of 76. The Paris-based Ms. Birkin, originally hailing from London, had established herself in France to pursue a flourishing career in both singing and acting. Famed for her embodiment of the enigmatic Parisian allure, Birkin's preference for boyish...

BusinessFeatured

Halfway through the year: News not to be forgotten from the past six months

The first half of 2023 is already over. Over the past few months plenty of newsworthy things happened, but some of these events should not be forgotten. FashionUnited has listed the big moments for you. Adidas targeted by campaign alliance Yes Men - fake press release and guerilla show The year began with confusion surrounding Adidas. A press...

Business

Hermès wins case to permanently block ‘Metabirkins’ NFTs

The highly reported ‘Metabirkins’ case that has drawn attention and sparked discussions in both the Web3 and fashion worlds over the past year could finally be coming to a close. Luxury giant Hermès has been granted its request to permanently block artist Mason Rothschild from selling the Birkin-esque non-fungible tokens (NFTs) after a jury...