HERMES INTERNATIONAL
India stocks perched at record highs as vote counting set to begin India stock futures and rupee steady as votes in world's largest election to be counted. Prime Minister Modi expected to win third term, leading to market surge. NIFTY 50 index futures up 0.21% in early trade.
04 Jun, 2024, 07.54 AM ISTProposed tax on international card purchases may drive sale of luxury brands in India The Indian government's proposal to impose a 20% tax on expenditures made abroad under the Liberalised Remittance Scheme is expected to boost the sale of luxury brands in India. Due to the pandemic, international travel restrictions shifted sales to...
11 Sep, 2023, 08.33 PM ISTFed meeting, Q1 earnings among top 10 factors to dictate Dalal Street mood this week Major June quarter earnings are lined up for this week. Tata Steel, Bajaj Auto, Asian Paints, SBI Life Insurance Company, Tata Motors, Larsen & Toubro, Tata Consumer Products, Bajaj Finance, Tech Mahindra, Dr Reddy's Laboratories, Cipla, Axis Bank, ...
23 Jul, 2023, 10.01 AM IST- ADVERTISEMENT
Futurama Season 11: See the cast, episodes and more Futurama will return next month with season 11. The animated series’ revival has come after a decade.
29 Jun, 2023, 01.03 AM ISTHermes wins permanent ban on 'MetaBirkin' NFT sales in US lawsuit A Manhattan federal judge on Friday granted Hermes' request to permanently block artist Mason Rothschild's sales of "MetaBirkin" non-fungible tokens following a jury's verdict that they violated the French luxury house's trademark rights in its fame...
24 Jun, 2023, 02.59 PM ISTLVMH becomes first European company to exceed $500-billion market value The achievement comes less than two weeks after LVMH joined the ranks of the world's 10 biggest companies, powered by a surge in first-quarter sales. Rival Hermes International subsequently published its own strong numbers, reinforcing the view that...
27 Apr, 2023, 12.08 PM ISTWhat makes France 'THE' education hub for international students? France is an influential country in the world, dominating industries including fashion, film-making, management, business, retail, finance, manufacturing, and more. It is also a popular study destination, with 10 globally top-ranked universities off...
05 Apr, 2023, 11.20 AM ISTLuxury sector eyes reopening of China The world's largest luxury group LVMH posted a 23-percent jump in sales to a record of 79 billion euros ($86 billion) in 2022 and saw profits climb 17 percent to 14 billion.
19 Feb, 2023, 10.06 AM ISTEuropean shares open lower as miners lead decline The STOXX 600 index slid 0.4% by 0808 GMT. The European basic resources index shed 0.8%, tracking falls in prices of base metals amid fading hopes of China easing its strict zero-COVID policy.
08 Nov, 2022, 02.27 PM ISTEuropean shares open lower as mining, luxury stocks fall Health officials in China reiterated their commitment to strict COVID-19 curbs over the weekend, disappointing investors hopeful for a relief. Separately, data showed Chinese exports and imports both contracted in October and missed forecasts.
07 Nov, 2022, 03.24 PM ISTAbu Dhabi Borouge's $2 billion IPO set to be ADX's biggest Gulf issuers have raised more than $10 billion from IPOs so far this year, Refinitiv data shows, exceeding European flotations even as global markets remain volatile in the wake of the conflict in Ukraine.
31 May, 2022, 12.46 PM ISTReturn of the luxe life: Global sales of high-end brands likely to bounce back to pre-Covid levels this year Bain now sees a 30% probability that sales of high-end handbags, clothes and jewellery will return to or exceed $340 billion this year.
17 May, 2021, 03.47 PM ISTWirecard’s Indian deal started with ‘fraud’, UK judges say The transactions in 2015 are being scrutinised in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Pvt. Ltd. saying they were cheated of millions of dollars.
03 Mar, 2021, 03.13 AM ISTWealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchases Consumers want tried and tested styles like a Hermes Birkin bag or a Moncler puffer jacket.
28 Oct, 2020, 02.00 PM ISTHermes India sees a 55% jump in profit, Dior still deep in the red Hermes India had recorded a net profit of Rs 12.1 crore the year before. Revenue from operations rose 11% from the previous year’s Rs 98.8 crore on a standalone basis, according to its filings with the Registrar of Companies (RoC).
02 Mar, 2020, 08.38 AM ISTCompanies optimistic despite consumption slowdown: It’s not all turbulence for luxury goods market There are definite signs of a chill in sales this festive season, in line with the slowdown in consumption.
07 Oct, 2019, 09.54 PM ISTAdani Group to manufacture UAVs for global market The group which made a measured entry into the defence manufacturing business in 2015 will initially make the Hermes 900 UAV for an order from the Israeli defence forces and is looking for further options for exports in the global market.
17 Oct, 2018, 10.06 AM ISTZara leases largest retail space by international brand in India The world's biggest fashion retailer has leased the space on the ground floor of Ismail Building diagonally opposite HSBC's India head office located in Fort.
12 Apr, 2016, 08.14 AM ISTFerrari said to push for $12.4 billion valuation in IPO Ferrari’s coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as 11 billion euros .
09 Oct, 2015, 03.50 PM ISTLuxury item prices soar as brands attempt to go upmarket Kim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton handbag.
27 Dec, 2013, 07.08 PM IST