Textile survival Published 26 Apr, 2026 02:16am Why is it that a handbag crafted in the streets of Paris sells for hundreds of thousands of rupees, while the finest...
Hermes designer bows out after 37 years with final menswear show in Paris Published 26 Jan, 2026 01:45pm Models wore silk turtlenecks with leather trousers in a navy blue, black and taupe palette
World’s richest families tighten grip, while inequality widens globally Updated 17 Dec, 2025 07:53pm Royal families from the Gulf dominate the list
Original Birkin bag sells at auction for record $10mn Published 11 Jul, 2025 02:52pm PARIS: The original bag custom-made for actress Jane Birkin, which became one of the era-defining designs of the...
Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024 Published 16 Dec, 2024 04:58pm The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...
Hermes defies luxury slowdown, reports strong sales Published 24 Oct, 2024 04:41pm PARIS: French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the...
Hermes sued in antitrust class action over Birkin bag sales Published 21 Mar, 2024 12:21am French luxury house Hermes, has been sued in California over claims it unlawfully allows only customers with...
Paris Fashion Week highlights: teddies, kids and a phone ban Published 04 Mar, 2024 02:48pm Paris Fashion Week, which runs until Tuesday, has seen no shortage of eye-catching moments this week. Here are a few...
Hermes’ shares reach record high as booming sales outpace rivals Published 09 Feb, 2024 02:39pm PARIS: Hermes’, opens new tab shares rose to a record high on Friday after the Birkin bag maker again outpaced its...
‘Sports tourism, train travel’: Conde Nast Traveler identifies biggest travel trends for 2024 Updated 18 Dec, 2023 05:30pm Scoping planes, trains and automobiles, elite travel journal Conde Nast Traveler has marked a series of new...
Hermès to Gulf royals: world’s richest add $1.5trn to their wealth in 2023 Updated 09 Dec, 2023 08:18pm Al Nahyans, the rulers of Abu Dhabi, lead the way followed by the Walton family
Hermes sales beat expectations as US, Europe shoppers splurge on Birkin bags Published 25 Oct, 2023 01:51pm PARIS: Sales at Hermes rose briskly in the third quarter, beating expectations and outshining rivals as economic...
LVMH shares tumble, hit fashion sector as luxury giant’s sales growth slows Published 11 Oct, 2023 01:53pm PARIS: LVMH’s shares slumped on Wednesday, to their lowest level since December, knocking other shares in the...
Hermes defies luxury slowdown with strong sales Published 28 Jul, 2023 03:40pm PARIS: Sales at Birkin bag maker Hermes accelerated in the second quarter, showing the resilience of global demand...
Why China could become the luxury industry’s next sore spot Published 19 Jul, 2023 01:04pm SHANGHAI/PARIS: The luxury goods industry has relied heavily on China and North America for growth in recent years,...
Actress and singer Jane Birkin dies, France loses an ‘icon’ Published 17 Jul, 2023 12:46pm PARIS: British-born actress and singer Jane Birkin, a 1960s wildchild who became a beloved figure in France, has...
Richemont sales boosted by China bounceback, shares hit record Published 12 May, 2023 02:41pm Luxury goods group Richemont beat expectations on Friday after high demand from Chinese consumers for jewellery and...
Analysis: LVMH’s caution points to Americans’ waning lust for luxury Published 13 Apr, 2023 04:40pm PARIS: Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather goods, LVMH’s...
Luxury buying continues unabated: will the trend continue? Updated 31 Mar, 2023 09:12pm A plummeting rupee, record-high inflation, and a tight leash on imports – all brought on by depleting foreign...
Hermes beats forecasts on robust growth in China, U.S. Published 17 Feb, 2023 06:00pm PARIS: Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even...
Hermes, NFT creator spar over ‘MetaBirkins’ in trademark trial Published 07 Feb, 2023 04:21pm NEW YORK: Hermes International SCA urged a U.S. jury on Monday to find that a creator of non-fungible tokens...
Formal shoes making comeback after years of sneaker dominance Published 18 Jan, 2023 05:24pm PARIS: Once the preserve of nerds and stuffy young conservatives, loafers, moccasins and other formal shoes are...
Affluent splash out on pricey Birkin bags but clouds loom Updated 21 Oct, 2022 11:46pm PARIS: Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000...
Under a cloud of belt-tightening, Paris Fashion Week struts on Updated 01 Oct, 2022 03:31pm PARIS: Celebrities and international crowds have descended on the French capital, marking the fashion industry's...
Chinese snap up used Rolexes, Birkins to satisfy luxury cravings amid slowdown Published 28 Sep, 2022 01:39pm SHANGHAI: China's coronavirus-driven economic slowdown is proving to be a boon for Zhu Tainiqi, the Shanghai-based...
Sell few, make more: luxury companies' strategy paying off amid economic downturn Published 30 Jul, 2022 04:52pm Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions
Hermes says profits up in first half Published 29 Jul, 2022 05:52pm PARIS: Hermes, the French maker of luxury fashionwear, said Friday that profits rose sharply in the first six ...
Luxury watchmakers face soaring demand, but there isn't enough time Published 06 Apr, 2022 06:18pm Production capacity, delay in release of new collections coming under discussion