Tag: Hermes

Hermes

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Luxury giants send over 2 trillion won in dividends from Korea to overseas parents: CEOScore

Louis Vuitton, Hermès, Chanel, Dior and Cartier remitted more than 2 trillion won in dividends from their Korean units to overseas parent companies over the past three years.

2026.7.1

Customers line up outside a Cartier store in Lotte Avenuel in Jung District, central Seoul, on May 13. [KIM MIN-YOUNG]

The invincible Chanel, Hermès: How Korea remains rare growth market for top luxury brands

Korea has emerged as a unique growth market for luxury brands like Chanel, Louis Vuitton, and Hermès, defying global downturns in luxury sales.

2026.5.15

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Chanel and other luxury brands raise prices for products in Korea

Luxury brand Chanel has raised the prices for some of its handbags and other items sold in Korea.

2026.1.13

A view of the luxury Hermes shop in Paris on Aug. 4. [EPA/YONHAP]

Hermes defeats class action again over hard-to-get Birkin bags

French luxury brand Hermes has convinced a U.S. judge to dismiss for a second time a lawsuit alleging it violates antitrust law by forcing buyers to spend thousands of dollars on its products before they can purchase a Birkin handbag.

2025.9.18

Gucci Osteria da Massimo Bottura Seoul in Gangnam District, southern Seoul [GUCCI]

Gucci to open new restaurant in flagship store in Seoul's Cheongdam-dong neighborhood

Luxury fashion house Gucci is opening a new restaurant on the fifth floor of its flagship store in Cheongdam-dong, Gangnam District, southern Seoul, on Thursday.

2025.9.2

An auction officer displays the original Birkin bag created by Hermes for Jane Birkin in 1984, prior to its auction in Paris on July 10. [AP/YONHAP]

Jane Birkin’s original Hermes bag sells at auction for whopping 8.6 million euros

Sketched out on an air sickness bag, the first Birkin handbag — the prototype for fashion's must-have accessory — sold for a staggering 8.6 million euros ($10.1 million), including fees, on Thursday in Paris.

2025.7.11

Hermès, LVMH-owned luxury brands to raise prices despite economic woes

Luxury brands will raise their prices once again in 2025, despite consumer sentiment having dropped to a record low and the allure of these items taking a hit due to concerns over unethical production and rising costs.

2025.1.1

From left: 'Size Matters,' 'Roman Gentleman's Goblet,' 'By Any Means Necessary (Dionysus),' 'Amitabha Buddha,' 'Good Riddance (FOKOF)' and 'Bikini Bottom' by Nayoungim & Gregory Maass [ATELIER HERMES]

Beauty in the bizarre: Couple Nayoungim and Gregory Maass hold exhibition at Atelier Hermès

Nayoungim and Gregory Maass's exhibition "Paranoia Paradise" at Atelier Hermès showcases 60 new artworks exploring themes of hybridity, beauty, and societal norms, emphasizing creative reinterpretation.

2024.11.24

A still from the ″Studies″ video installation by Kim Hee-cheon, on display at Atelier Hermès in Gangnam District, southern Seoul [FONDATION D'ENTREPRISE HERMÈS]

Video artist Kim Hee-cheon brings back early 2000s horror with Hermès exhibit

What began as an idle daydream turned into the 35-year-old artist’s latest two-channel video installation, “Studies,” now on display at the Atelier Hermès exhibition space in Gangnam District, southern Seoul.

2024.7.31

A person walks by a Hermes store in Seoul. [YONHAP]

Hermès and Rolex donate less despite record sales in Korea

Luxury fashion brands like Hermès and Rolex made more profits in Korea last year, but donated less.

2024.4.10