Watches and jewelry made the biggest gains for Hermès, though all the categories at this esteemed French luxury house grew in high double digits.

Hermès is diversifying its product categories in an attempt to recruit younger consumers and mitigate its iconic bag’s potential decline in the future.

For the first time since China emerged from the COVID-19 pandemic, the Jing Daily KraneShares China Global Luxury Index spent the month steadily declining.

Hermès' 2019 full-year earnings report reveals exceptional results and revenue growth, with the Greater China region leading the way once again.

The maker of the iconic Birkin bag, Hermès, is feeling the brunt of the pandemic, as its sales plunged by 42 percent over the second quarter.

Hermès revealed positive earnings for the third quarter of 2020, as post-lockdown consumers in Asia regained their appetites for products like Birkin bags.