Hermes

Wales Bonner is replacing Veronique Nichanian, 71, who has held that role for 37 years and will present her last menswear show in January

The local unit of consulting firm Deloitte has been appointed to manage the process of selling the non-cash assets

Sketched out on an air sickness bag, the first Birkin bag that gave birth to fashion's must-have accessory sold for a record 7 million euros (about $8.2 million) at auction in Paris on Thursday. The huge amount which drew gasps and applause from the audience crushed what auctioneer Sotheby's had said was the previous record for a handbag. That was $513,040, for a White Himalaya Niloticus Crocodile Diamond Retourne Kelly 28. Now, the original Birkin bag, named after the actor, singer and fashion icon that Herms created it for the late Jane Birkin is in a new league of its own. The bidding started at 1 million euros ($1.17 million) and quickly became stratospheric. The Paris fashion house exclusively commissioned the bag for the London-born star in 1984 branding it with her initials J.B. on the front flap, below the lock and delivered the finished one-of-a-kind bag to her the following year, the auction house said. The subsequent commercialized version of Birkin's bag went on

"We see Hermes as the best current opportunity to protect the portfolio from a difficult (second half of 2024)" suffering from a global cyclical slowdown exacerbated by structural issues in China,"

The Hermes-900 known as the Drishti-10 drone is being supplied to Indian forces including Indian Army and Navy by Adani Defence Systems

A new internet trend has emerged in which restaurants have created a secure spot to keep your luxury bags

Defendant says it would have voluntarily discontinued using logo if the French firm had asked it to

Hermes was sold at a valuation of $40 million, before being acquired by Wirecard for more than $250 million

Revenue rose 6.9 per cent on an adjusted basis to 1.8 billion euros ($2.1 billion) in the third quarter, beating estimates by 100 million euros

Hermes shows scarcity is still a classic