Founded in 1947 by Swedish entrepreneur Erling Persson in Västerås, Sweden, H&M — formerly known as Hennes, meaning “hers” in Swedish — began as a …
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Boosting
Miu Miu Sales Jump 89 Percent, Boosting Prada Group
Miu Miu’s boom continued in the first quarter with retail sales rising 89 percent, owner Prada Group said Wednesday. Its flagship Prada brand grew more …
Hermès Demand for Luxury Watches and Clothes Soars, Boosting Profit
Hermès International’s profitability rose to record levels in the first half as the maker of the $10,000-plus Birkin bag became the luxury industry’s standout performer. …