As Gen Z turns to social media for financial advice, luxury handbags are being touted as the next big asset class. “When a man tells you to invest in the stock market but you know Hermès Birkin ...

After reporting Q1 2025 sales below analysts’ expectations on Thursday, Hermès announced plans to raise the prices on all products sold in the United States to counteract the weight of ...

The company — which earlier this week overtook rival LVMH as the world’s biggest luxury firm by market capitalization — is best-known for its Birkin and Kelly handbags, along with colorful ...

The company flagged possible tariff-related price hikes in February. The brand known for its Kelly and Birkin handbags, which sell for at least $10,000, reported sales for the three months ending ...

Hermès will sell its bags and scarves at a higher price in the U.S. than in other parts of the world, in response to President Donald Trump’s tariffs. The French company, which had long ...