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Fashion

Hermes Himalaya Birkin bag breaks all auction records

A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world's most expensive ever sold at auction, fetching nearly 380,000 USD at a Hong Kong sale. The rare Himalaya Niloticus Crocodile Diamond Birkin 30 went to an unknown phone bidder Wednesday for 2.94 million HK dollars after intense bidding,...

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BusinessFeatured

France's Hermes bags luxurious profit of 973 million euros

French luxury goods group Hermes said Wednesday that net profit rose to skim the billion-euro mark last year despite an economic slowdown in China, the Paris terror attacks and currency fluctuations. Hermes, known for its leather handbags such as the Birkin named for the British singer and its silk square scarves, posted growth across the...

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