Tag: Hermes

Bags carry Hermes to record sales in 2018

PARIS, France (AFP) — French luxury group Hermes said its sales hit a record just shy of 6 billion euros in 2018 as demand for its iconic bags continues to grow in all parts of the world and particularly in China. Hermes called the 7.5 percent increase over 2017 in “particularly healthy, being based mainly on volume” rather than currency effects, which in fact were a drag overall during the year. The consolidated sales figure […]

Gadget spots fake luxury handbags with a 98.5 percent accuracy rate

NEW YORK, United States (Reuters) — In a designer-obsessed world, counterfeiters run amok. New York startup Entrupy has found a way to fight the fakes with a handheld microscope camera that lets users with their smartphones detect the difference between real Gucci, Chanel, Hermès and Louis Vuitton luxury handbags and frauds. “Nobody’s ever done this before, right?” said Entrupy’s co-founder and CEO, Vidyuth Srinivasan. “So we had to catalog the world in a microscopic way […]

Activists protest use of exotic animal skins in Hermes bags

  (Reuters) — Animal rights activists from PETA (People for the Ethical Treatment of Animals) rallied in front of the Hermes’ store in Tokyo on Thursday (July 30) to call on the luxury brand to stop using exotic skins for their bags. Their protest came a day after actress and singer Jane Birkin asked Hermes to remove her name from one of the luxury goods maker’s best-selling bags due to what she called “cruel” crocodile […]