TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.

The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.

Axel Dumas said selling Birkins to "false customers," who buy to resell, spoils Hermès' bond with its real customers.

Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...

IT'S not you, it's me. That isn't the reaction from companies seeing cheaper versions of what they sell – but it should be.

Shares in French luxury group Hermes fell on Wednesday after it reported a rise of 9% in quarterly sales boosted by continued ...

Axel Dumas is a French businessman born in 1970. He is the sixth generation of the Hermès family, a luxury fashion and lifestyle brand founded in 1837.

Despite a challenging luxury landscape, Hermès shows strong growth driven by high demand for its signature handbags.

Back when Axel Dumas was in charge of retail operations for Hermès in France, starting in 2005, one of his tasks was to pay a visit to all the company’s stores. “My goal was never to get the ...

Hermes reported a 9% rise in second-quarter sales, driven by strong demand for its iconic $10,000 handbags, including the ...

The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and steady demand ...

MILAN — The Agnelli family’s holding Exor N.V. on Tuesday appointed Axel Dumas, chief executive officer of Hermès International, as a non-executive director for a term of one year.