Hermès raises prices again after 17.5% Q4 sales surge despite tariff warnings
Hermès said it will raise prices again this year after sales jumped 17.5 per cent in the fourth quarter of 2023, demonstrating the resilience of ultra-luxury demand.
Hermès said it will raise prices again this year after sales jumped 17.5 per cent in the fourth quarter of 2023, demonstrating the resilience of ultra-luxury demand.
Formula One's showcase Monaco Grand Prix will have a title sponsor, TAG Heuer, for the first time in nearly 100 years as a result of the sport's new partnership structure.
A Perennial Holdings-led consortium has sold the first Aman-branded residence at The Skywaters, marking a record price per square foot for Aman's residential pivot.
Accenture Song announced three separate acquisitions: Bangkok-based Rabbit's Tale, Southeast Asia brand agency Romp, and U.S. social-and-influencer firm Superdigital, consolidating creative and digital experience capabilities.
Dubai's branded residences market saw sales surge 43 per cent to generate $16.3 billion in 2024, with projections showing branded residences reaching 25 per cent market share across the MENA region by 2030.
Data from C9 Hotelworks shows that the market value of branded residential projects in Asia has hit a record US$26.6 billion, with fashion and lifestyle brands increasingly entering the segment alongside traditional hospitality operators.
Trident Digital Tech Holdings (Nasdaq: TDTH) and U.S.-based Digital Innovations Group executed a binding Letter of Intent to deploy the IRMA AI engine across Asia-Pacific markets, advancing Trident's AI holdings vision for SaaS and enterprise automation.