Why Hermès Is Growing While LVMH And Gucci Decline
9:12
YouTubeCNBC
Why Hermès Is Growing While LVMH And Gucci Decline
French luxury company, Hermès, has managed to achieve the ultimate goal of luxury: keep demand high and supply low. In its Q3 2024 earnings, the company posted double digit sales and revenue growth of 11% and 14% respectively. Competitors like LVMH and Gucci owner, Kering, were in the negative. Though the company is small, comprised only of ...
879.2K viewsOct 27, 2024
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Bernard Arnault, Chairman and CEO of LVMH | The Brave Ones
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LVMH Sees Sales Turnaround in China as French Luxury Group Returns to Growth
2:21
LVMH Sees Sales Turnaround in China as French Luxury Group Returns to Growth
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WATCH: LVMH’s sales in the region that includes China rose 2% last quarter, after dropping by 9% in the first half. Bloomberg’s Angelina Rascouet reports.
2:20
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Bloomberg.comAngelina Rascouet
3 weeks ago