Amid the pandemic, it appears that 1 in 5 American households chose to add a new furry friend to their lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Luxury fashion brand Hermès has broadened its offerings in the beauty sector, introducing a new line of products that includes mascara, eyeshadow, and makeup brushes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest more in the luxury fragrance sector and establish a beauty division. Get the Full Story Complete the form to unlock...
Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
July 19, 2023
While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not only marks the luxury retailer’s first venture into international territory but also contradicts the wishy-washy buying patterns observed among Chinese consumers. Get the Full Story Complete the form to unlock […]
March 20, 2024
French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
February 17, 2023
Hermès is seeing no slowdown in sales of luxury products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
October 20, 2022
Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued buying power among affluent consumers...
May 08, 2022
French fashion house Hermes International has persuaded a judge not to throw out its trademark lawsuit against an artist selling “MetaBirkins” non-fungible tokens (NFTs) which show the company’s Birkin bags,...