The Birkin bag-maker doesn't seem as put off by the threat of U.S. tariffs as its chief rival does.
The French luxury giant will look to "fully offset" the impact of blanket 10% tariffs with price hikes from May 1, it said Thursday.
The French luxury giant will look to "fully offset" the impact of blanket 10% tariffs with price hikes from May 1, it said Thursday.
Maker of Birkin bags reports slower growth than expected as sector braces for impact of trade war
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.
Companies trade places by market value as investors bet on continued struggles at Louis Vuitton owner
And its lessons for other high-end brands
The Hermès Birkin has been branded the most popular, covetable and expensive handbag of all time - costing the price of a house, in some parts of Britain.