Hermès gives $5,000 bonus to every worker as profits surge

Luxury powerhouse Hermès, renowned for its iconic Birkin bags, has announced a generous bonus of approximately €4,500 ($4,850) for each of its 25,000 employees worldwide. This move comes as part o...

Hermès’ Historic Moment: Market Cap Hits €300 Billion

Few things in life are as instantaneously recognizable as the sight of a Hermès Birkin bag—like the stack of $100 bills it often costs. Yesterday, the French luxury house didn't just confirm the d...

Louis Vuitton and Gucci Launch Pet Collections: Why Is This a Growing Trend?

IMAGE COURTESY OF LVMH When Louis Vuitton launched its first dog collection in November, some viewed it as a fleeting fad. However, six months later, with dog raincoats priced at €1,300 ($1,410) a...

Ceramic Is Back: Louis Vuitton Tambour Ceramic Leads the Trend

IMAGE COURTESY OF LVMH Louis Vuitton has emerged as a challenger in the competitive luxury sports watch sector. The French maison's latest creation is the Louis Vuitton Tambour Ceramic, which rede...

Is 2025 the End of Mass Luxury? The Rise of Conscious Consumers

According to Fashion Network's data research, the luxury goods market saw a substantial slowdown in 2024, with big companies like LVMH and Kering reporting decreases in sales. LVMH Revenue Decreas...

Is the Bottega Veneta Ciao Ciao Bag a Good Investment in 2025?

PHOTO COURTESY OF BOTTEGA VENETA A Bottega Veneta Bag That’s Not a Cassette I’ll be honest, when I first saw the Bottega Veneta Ciao Ciao Bag as part of the summer 2025 campaign, I wasn’t blown aw...

LVMH's Sports Strategy: More Than Just Luxury, It's About Data

LVMH and family make their lap around F1 with $1.55 billion in sports bets Formula One’s top luxury and sports media partner is now the LVMH conglomerate, which is spending more than $1.5 billion ...

Rimowa launches its new foldable backpack and gym bag

German luggage brand Rimowa has launched its foldable Backpack and Gym Bag — the first foldable bags for the brand. The collapsible, multi-purpose bags are ideal for versatility and ease when packi...

Hermès takes on Chanel and Dior in the high fashion market, CEO Dumas Confirms

What would be the aesthetic reason for Hermès to launch an haute couture line? “To be beautiful,” executive chairman Axel Dumas told Jing Daily. Hermès is considering adding an haute couture line i...

Hermès Birkin designers finally break their silence on TikTok viral $80 ‘Birkin’ bag trend

Hermès’ annual results were released on Friday, and during the tradition-steeped fashion house’s earnings call, Dumas finally spoke about the Wirkin trend that took over TikTok last year. To everyo...