Hermes overtakes LVMH as world’s most valuable luxury company after lackluster sales
Lauren Simonetti of Fox Business has New York City details about “Cavuto: Coast to Coast.” LVMH handed over the title on Tuesday as the world’s most valuable luxury company. Known for brands such as Louis Vuitton, Dom Perignon, Givenchy, Tiffany & Company and Tag Heuer, LVMH’s market capitalization was around 244.1 billion euros mid-Tuesday, lower […]
Family that owns Hermès to receive $5.5 billion in dividends
Family managing luxury fashion Empire Hermes International It is set to collect dividends of over $5 billion Meanwhile, each employee will be back home with a $4,850 bonus after four consecutive years of record-breaking revenue. This is better than its competitors amid the widespread slowdown across the industry. The roughly 100 heirs, who collectively control […]
Boguie NYC arcade for ‘kidadults’ offers luxury prizes like Hèrmes bags, Chanel wallets — and don’t bother bringing just quarters to play
There's no need to take a few blocks to a Queens arcade popular with adults looking for luxury goods like Hermès bags and Chanel wallets. At Gatcha, a 9,000-square-foot gamer's paradise in Flushing, a single pull of a crane machine costs $50 and you can buy a $3,600 Hermes Picotin bag, a $600 Chanel purse, […]
Demi Moore’s dog Pilaf poses in an Hermès Birkin bag for pup-themed Vogue cover
Demi Moore’s dog Pilaf poses for Vogue magazine’s new “Dogue” issue. Vogue Magazine/Instagram Move over, Anna Wintour. Vogue has another top. Demi Moore’s miniature Chihuahua, Pilaf, made his debut on the cover of “Dogue” on Wednesday, making a special appearance posing among a variety of designer bags. Vogue magazine’s dog-themed feature. The 1.2-pound pup was […]
Hermès heir Nicolas Puech’s $13B fortune has seemingly vanished after vowing to award huge chunk to his gardener
The reclusive Hermes heir’s multi-billion dollar fortune appears to have vanished just months after he promised to donate the bulk of his vast inheritance to gardeners. Nicolas Puech, 81, the French fashion house’s largest individual shareholder, was ruled by a Swiss court on July 12 that asset manager Eric Freymond cannot be held responsible for […]