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By MBN Staff - Wed, 08/13/2025 - 14:48
S&P downgraded Kering’s outlook to negative, citing weak Gucci sales and a 22% revenue drop in Asia-Pacific in 1H25.
https://mexicobusiness.news/tag/hermes
More Trade & Investment
By Pascaline Leon - Thu, 05/01/2025 - 06:30
France’s EPV and métiers d’art celebrate artisanal excellence, now showcased in Mexico via the ‘Art de Vivre’ exhibition, writes Pascaline Leon.
By Mariana Allende - Thu, 04/17/2025 - 10:00
Hermès surpasses LVMH as the top luxury firm by market cap after LVMH's weak Q1 results and global luxury demand concerns.
By Mariana Allende - Fri, 10/25/2024 - 09:47
Mexico’s luxury market grew 14% in 2023, driven by e-commerce and tourism, reaching a market value of US$14 billion.
By Mariana Allende - Tue, 02/27/2024 - 12:53
Quiet and loud luxury brands reported their 2023 revenue with quiet brand groups coming on top.
By Mariana Allende - Wed, 01/31/2024 - 16:41
The rise of quiet luxury has impacted fashion trends and investor portfolios, highlighting consumer preferences shifts, and evolving global markets.
By Daniel González - Fri, 07/03/2020 - 06:00
Sotheby's and Christie's are auctioning designer bags and sneakers. According to Stockx, the sneaker market will be worth US$95 billion by 2025.
By Daniel González - Tue, 05/19/2020 - 18:10
A report published by consulting firm Bain & Co. assures that sales levels shown by the luxury industry in 2019 will not recover until 2023.
