Hermès Is Hiking Prices. Other Luxury Companies Will Follow. - Barron's
1. Hermès plans price hikes to offset new tariffs on imports. 2. Analysts expect luxury brands to pass tariffs to consumers. 3. Luxury sector pricing strategies vary to avoid alienating shoppers. 4. Hermès sales up 9%, indicating strong demand for exclusivity-focused brands. 5. More price hikes likely in luxury sector as tariffs remain uncertain.