Rising production costs prompt Hermès to raise prices
22/03/2019
The chief executive of Hermès, Axel Dumas, has said the French luxury group intends to raise its prices by 3% this year to adjust for increased production costs. In recent years, the brand has made strong efforts to reshore production of its products, which include several exclusive and much sought-after handbag designs. Mr Dumas made his...
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