CXG’s Post

Exclusivity | Despite turbulent times, global political and econimical instability, the HNWI and UHNWI are today more than ever willing to pay a premium to stand out. Considering the volume of sales, it seems middle income individuals are seeking the same, and therefore “overspending”. The Power of Exclusivity #LuxuryMarkets

Hermès celebrates its continued exceptional performance hading out a 4,000 euro bonus to each of its over 22,000 employees worldwide. In 2023, Hermès had no fewer than 22,000 employees, which means the brand created 2,100 jobs in one year. The brand exceeded all estimates, including the 14% growth expectation, reporting a 17.5% increase in sales in the last quarter of 2023. Hermès has outperformed all its luxury piers once again achieving a positioning on its own, as a reflection of pure luxury. #Hermes #HermesParis #luxury #pureluxury #trueluxury #luxuryfashion #fashion #luxurybusiness Hermès

Hermès is showing incredible resilience in the luxury industry, with a potential to become the top luxury brand globally, surpassing Louis Vuitton. Recent reports suggest Hermès' sales could hit 20 billion euros within the next three years, backed by strong growth in its leather goods division, especially in regions like Japan. Despite challenges in the luxury market, Hermès has maintained its upward trajectory, even raising prices while others hesitate. This contrasts with a slight decline in revenue for LVMH, which includes Louis Vuitton among its brands. Hermès' stock has surged 22% this year, outperforming LVMH. While the luxury market might be cooling off, Hermès remains a strong investment option, with its handbag offerings driving much of its success. The brand's strategic advantages, such as its pricing strategy, loyal customer base, and control over distribution, make it a reliable choice for investors interested in luxury stocks. Full details at the link in bio! #LuxuryInvesting #LuxuryStocks #HermesInvestment #LouisVuittonInvestment #InvestInLuxury #HighEndInvesting #LuxuryMarket #StocksAnalysis #InvestorsInsights #LuxuryTrends #InvestmentOpportunities #StocksToWatch #ShareholderValue #WealthManagement #FinancialGrowth #LuxuryPortfolio #InvestmentStrategy #MarketAnalysis #LuxuryGoods #InvestmentAdvice

Hey, did you know that CHANEL and Hermès are totally dominating the preloved luxury handbag scene, and I mean, big time? According to Fantum Research, these two fashion giants are killing it when it comes to sales. Even though other brands have shown more enthusiasm into selling second-hand stuff, CHANEL and Hermès are still on top, which is pretty impressive considering they abhor the idea of selling 2nd hand anything with their name on it. Maybe it's because of how exclusive and dedicated they are to making top-notch products that people go crazy for them. In my opinion, it's all about their history, eye for detail, long-lasting quality, and the amazing materials they use that make them stand out. What do you think makes them so dominant? Drop your thoughts below and let's chat some more about it! And hey, don't forget to follow Fantum Research for more cool insights on the luxury second-hand market. #LuxuryFashion #SecondHandMarket #CHANEL #Hermès

Hermès In A Market Of One For six years Hermès has outperformed the luxury market and continuously reported double digit growth. In the first half of this year the brand reported double digit growth in all regions in a declining market. #luxurymarket Hermès is not like any other luxury brand. For me it has no direct competitors. I don't think in our life time any luxury brand will or can replicate Hermes success. How do you replicate their heritage and that level of excellence? #heritage Hermès results suggest that there is increasingly a 'great luxury divide' of high performing luxury brands breaking away from the rest of the market. Scientia est Potentia - Knowledge is Power #hermes #luxuryheritagebrand #thefreshkid

Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown. luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get. Read More: https://rb.gy/gkh795 #LuxuryCruxx #LuxuryConnect

Hermès Defies Luxury Slowdown With Sales Jump in China. Hermès saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector. Read More: https://t.ly/oskea #LuxuryConnect #LuxuryCruxx

🚀 Resilience and Growth in the Luxury Sector: A First-Quarter Insight As we review the first-quarter figures across the luxury market, it's clear that the narrative isn't one of decline, but of remarkable resilience and selective growth. Despite the fears of a slowdown post-pandemic, certain brands have showcased their enduring allure and robust performance. 🔍 Divergent Performances While some brands face challenges, particularly in China, others like Hermès are soaring, with a 17% increase in first-quarter organic sales driven largely by their high-margin leather goods. This variance underscores the importance of strategic brand management and market positioning. 💡 High-End Resilience The luxury market's strength continues to be buoyed by the ultra-wealthy, with Hermès and Brunello Cucinelli leading the charge. Hermès’s ability to outperform, even in damped economic conditions, highlights the lessened impact of economic fluctuations on super high-end consumers. 📈 Stable Growth Prospects Despite the end of the post-pandemic sales boom, the luxury sector is on a path to achieving a steady growth rate of 6-8% this year. This is a testament to the sector's size and the strategic agility of luxury brands. #LuxuryBrands #MarketInsight #BusinessStrategy #Resilience

Hermès 2Q Sales Rise 13% on Continued Appetite for High-End Luxury In the competitive world of luxury goods, Hermès continues to impress with a notable 13% rise in second-quarter sales, reaching €3.7 billion (approximately $4.02 billion). This organic growth offers a clear indication of sustained demand fo... https://lnkd.in/d4rBafMU

As luxury titans, LVMH, Kering, Hermès, and Richemont provide valuable insights into the intricate workings of the luxury market, their annual reports serve as treasure troves of information, revealing the trends, challenges, and successes shaping the luxury industry today. In the second instalment of this two-part series, we dive into the performance of the different business sectors within these companies and respective activities with a focus on Asia. FULL ARTICLE: https://lnkd.in/g29Mubjn #retailinasia #retailnews #luxurylearnings #salesinasia #luxurymarket