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Hermes

5 By Andrew Russeth 9/01/11 8:59am

Luxury

The Hermès Birkin bag. (Photo: Hermès)

Profits Soar at Hermès, as the Wealthy Keep Spending

With the season's first major art auctions still more than a month away, The Observer has been looking for hints about the state of demand in the art market. At the Art Basel art fair in June, dealers reported that clients were spending freely, but we wanted to know just how intensely they are doing so.

And so this news caught our eye: high-end Parisian fashion house Hermès announced that its profits for the first half of the year jumped a jaw-dropping 50 percent over the previous year, with revenues climbing an astounding 21.5 percent, to €1.31 billion ($1.89). Read More

By Cora Lewis 9:30pm

It's in the Bag Covet

Vintage Hermes Soars at Christie’s

At Christie's auction house in London today, bidders spent lavishly on a painter's palette of purses, and the highest prices paid were for the most unusually-colored bags.

 A violet crocodile Birkin bag sold for $55,726 hours ago, well above its pre-sale estimate, breaking no records, but adding a vivid hue to the collection of one buyer. While not every bag sold, a Read More

By Cora Lewis 1:06am

Covet

Christie’s Sells Vintage Hermès Bags

In 1956, the actress Grace Kelly-and Princess of Monaco-used an Hermès bag to cover the bulge of her pregnancy on the cover of Life magazine. Instantly, the bag became an object of romance and desire for women around the world, and the fashion house renamed and refashioned the bag in honor of the royal superstar. Read More

By Irina Aleksander 9/26/08 3:55pm

Fashion Roundup: Wall Streeters Flock to Hermes Sample Sale; Jeremy Scott to Design for Adidas; Dolce & Gabbana Still Popular

Wall Street women stormed the Hermes sample sale to escape their financial woes. [NY Times] 

Jeremy Scott will design a collection of apparel and footwear for Adidas; it will go on sale February 1. [WWD] 

From Milan: Dolce & Gabbana showed brocade jackets with structured shoulders; Matthew Williamson's final collection for Pucci Read More

By Chris Shott 9/23/08 10:18pm

The Tie Jones Average

Ask anyone around Wall Street these days: Are bankers still buying ties? Inevitably, someone will respond, “What, to hang themselves?”

“Isn’t this a cool tie?” gushed an eager saleswoman at the chic Hermès boutique at 15 Broad Street, conveniently across from the New York Stock Exchange.

It was a lustrous, sky-blue tie, made Read More

By Lysandra Ohrstrom 5/07/08 6:44pm

Wall Street Location Boosts Global Hermes Sales

Hermès, the French luxury brand that birthed the Birkin bag and all sorts of other status symbols, announced that global sales rose 13.4 percent to 415.1 million euros—that’s $642.9 million now, ouch!—year-over-year in the first three months of 2008.

Surprisingly, gains were felt on both sides of the Atlantic, with U.S. sales rising 23 Read More

By Irina Aleksander 4/03/08 9:44pm

Anderson and Ahluwalia Are Undead

“Have you sat in that car outside? It’s insane!” shouted actor, jewelry designer and general man-about-town Waris Ahluwalia when the Daily Transom cornered him last night at the Hermes store downtown. He and a few other out-at-night types like Kristian Laliberte, Annabel Vartanian, Tinsley-sister Dabney Mercer and Kelly Killoren Bensimon had shown up for another Read More

By Nicole Brydson 1/31/08 5:42pm

The Perfume Biz—With a Whiff of Celebrity

THE PERFECT SCENT: A YEAR INSIDE THE PERFUME INDUSTRY IN PARIS AND NEW YORKBy Chandler Burr Henry Holt, 306 pages, $25

“The idea that you like something can lead to the idea that you know something about it,” Sarah Jessica Parker told Chandler Burr, author of The Perfect Scent. “Which is, of course, Read More

By David Foxley 11/07/07 9:02pm

We’re In a Kelly Bag Boomlet

Shoppers wishing to pick up a Kelly bag from Hermès can expect two inevitables: a considerable wait and a minimum price tag of $6,000. (Want the crocodile-and-diamonds version? They ring in at more than $100,000 a pop.) The purse first became the envy of women everywhere after the late Princess Grace Kelly was photographed, in Read More


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