French luxury group Hermes, renowned for its Birkin handbag, will increase prices in the United States from May 1st. This decision aims to offset the impact of President Trump’s 10% import tariffs. Despite wildfires and snowstorms disrupting US sales, Hermes reported strong first-quarter global sales of 4.1 billion euros, with a notable 13.3% surge in the Americas region….
Hermes to hike US prices to offset tariff impact
April 17, 2025