Hermes recorded record profitability in 2017 with strong growth in sales revenues. Asia (not including Japan) continued to lead geographically heading into 2018.
PurseBop is here to keep you up-to-date with all of the recent Chanel price increases in one convenient place!
Luxury brands are caught in the struggle of rapidly changing times. Close examination of jewelry giant Tiffany and Co and their strategy to keep up.
A shortage in inventory in late 2017 caused Hermes fourth quarter revenues to drop, says the Company. Learn how Hermes plans to get the stock and sales on track.
Close look at the effect of the Hermès sales on the exclusivity of the brand. Understanding this effect on the longtime Hermès collector vs a new customer.
A Non-Himalayan Birkin set off a bidding war in Paris and broke records. What do you think of this shimmering beauty?
We’ve got important news – Chanel has officially increased prices in the US. See the new prices, comparison, and handbag math.
Find out the real psychology behind why we buy bags!
Department stores are falling victim to a declining luxury market. Read about Barneys plan to stay afloat.
Will Amazon Prime Wardrobe change your shopping game? Should luxury brands and department stores consider Amazon a threat?
The luxury market is finally on the right track for growth…but can it evolve to suit Millennial and Gen-Z consumers?
The British Pound takes a hit in the wake of political turmoil. What effect does this have on travelers shopping abroad?
The classic British fashion house updates its “fashion calendar” and is duly rewarded.
Is Hermès’ early 2017 success here to stay? Is this increased leather production going to affect the exclusivity of the treasured Birkin and Kelly?
We explore Hermes earnings and strategy in light of the current global economy. What do these shifts mean for the Hermes collector versus the company?
We are forced to take a close look at the shift in Hermes strategy that luxury analyst, Luca Solca claims in his recent Business of Fashion article.