Core Insights - Hermes reported a significant increase in fourth-quarter sales, indicating strong demand for luxury products despite challenges in the broader luxury market [1][2] - The company achieved a 17.6% rise in revenues at constant exchange rates, reaching 3.96 billion euros ($4.15 billion), surpassing analyst expectations [2] - Full-year sales also rose by 14.7% at constant exchange rates, totaling 15.2 billion euros, exceeding the anticipated 14.94 billion euros [2] Company Performance - Axel Dumas, executive chairman of Hermes, highlighted the company's robust performance amidst economic and geopolitical uncertainties, showcasing the strength of the Hermes business model [3] - Hermes has successfully navigated the downturn in the luxury sector, maintaining its allure and exclusivity while other brands struggle with rising costs and innovation challenges [3]

Core Insights - Hermes Worldwide, Inc. has acquired Vail Limo, enhancing its transportation services for the upcoming 2024-25 ski season [1][2] - The acquisition combines Hermes' global network and fleet with Vail Limo's local expertise, allowing for a broader range of transportation services [2][3] - Vail Limo's integration into Hermes Worldwide aims to improve service offerings for various customer needs, including airport transfers and corporate group transportation [2][3] Company Overview - Hermes Worldwide, Inc. is recognized as a premier provider of global transportation solutions, offering services such as airport transfers, group transportation, and customized excursions [4] - The company operates in over 100 countries and 500 cities, emphasizing safety, reliability, and customer satisfaction [3][4] Vail Limo Overview - Vail Limo has been a trusted provider of premium chauffeured transportation for over 20 years, known for its professionalism and comfort [5][6] - The company offers a diverse selection of vehicles suitable for various group sizes and occasions, including connections to ski resorts and lodging destinations [5][7] - Vail Limo serves key Colorado locations, catering to outdoor enthusiasts and corporate travelers [7]

Washington D.C., Jan. 23, 2025 (GLOBE NEWSWIRE) -- The Global Alzheimer’s Platform Foundation® (GAP) is pleased to welcome Beckman Coulter Diagnostics as a strategic partner in the Bio-Hermes-002 study. This first-time collaboration will enhance this unique, observational platform study that compares blood-based and digital biomarkers across a broad range of clinical cognitive conditions, MRI and PET images as well as numerous races and ethnicities in order to generate data that may help predict, detect and ...

Hermes ( OTCPK:HESAY ) is a beacon of exceptional business execution and brand preservation in the luxury goods sector. It has maintained its position as the most exclusive luxury brand in the world through cautious supply management and a laserAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...

Prada S.p.A ( OTCPK:PRDSY )( OTCPK:PRDSF ) has experienced massive success due to its underdog brand, Miu Miu , which has tripled its net sales since 2021 while substantially improving the company's growth. In my view, the stockI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing different types of portfolios.I believe in deep research, prioriti ...

Since the last time I wrote about the French luxury fashion company and brand Hermès ( OTCPK:HESAY ) ( OTCPK:HESAF ) in July, its price has gone nowhere. Even year-to-date (YTD), its price has just about seenManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants , tak ...

Group 1 - The luxury market is characterized by products that symbolize affluence, status, and exclusivity, including yachts, sports cars, high-end apartments, watches, and handbags [1] - The focus of investment strategies is on blue-chip companies with competitive advantages, industry-leading market share, and strong profitability, particularly in the US and European markets [2] - Dividend investing is emphasized as being primarily about free cash flow rather than just yield chasing, indicating a strategic approach to capital appreciation and aggressive dividend growth [2]

In accordance with the provisions of Article L. 233-8 of the French Commercial Code (Code de commerce) and Article 223-16 of the General Regulations of French Autorité des Marchés Financiers (AMF), Hermès international publishes each month, before the 15th day of the following month, the total number of voting rights and the number of shares comprising the share capital if they have varied from those previously published. ...

Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading. That was the spark that introduced me to a new world, but over time I realized that it was not my path: too many charts, lines, and not very concrete concepts for a pragmatic person like me. I needed something different ...

Here at Moats and Monopolies, we write exclusively about companies that we own in our portfolio , which has consistently beaten the S&P 500 since we began to share it here on Seeking Here at Moats and Monopolies, we look for the highest quality businesses around the world. We are part owners in companies with strong competitive advantages, high free cash flow margins, secure balance sheets and understandable business models.Our portfolio is openly shared exclusively on Seeking Alpha for you to follow along ...