Tag: "hermes"
LVMH, Hermes call truce in battle for luxury brands
Economy 22:00 03/09/2014The agreement ends for five years at least any ambition by LVMH, with vast interests from champagne to luggage, to embrace Hermes, known for silk scarves and high-fashion handbags.
Vietnam, a promise land for luxury products
Economy 17:00 06/08/2013Despite economic slowdown and rising unsold inventories of locally made goods, many foreign firms still consider the Southeast Asian country a land of promise for their high-end products
