Hermès's sales soared 18% in Q4, driven by robust demand for high-end handbags from wealthy customers, surpassing analysts' expectations. The company's strong pricing power and elite clientele helped ...
A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined ...
Morningstar analysts said in a recent note: "A 10% to 20% tariff on European luxury goods could depress luxury sales in the U ...
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