Business
Hermès to raise prices as sales remain buoyant
Hermès revenue surpassed analyst’s expectations, beating estimates of a 15 percent increase to a record 24 percent. Despite a dip in share value, with shares having fallen nearly 15 percent in 2022, high spending tourists, especially Americans with a strong dollar, kept the luxury giant well ahead of competitors. By comparison Kering posted...
21 Oct 2022