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Hermès International
Luxury
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
October 17, 2024
Luxury
Luxury stocks set for best week in years as China fuels revival
Stocks including Birkin bag-maker Hermes International, Cartier-parent Richemont and France’s LVMH have all surged more than 15%.
September 27, 2024