Two Blokes

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

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    Posted by Two Blokes Apr 17 - Filed in General - #TwoBlokesTrading  - 10 views
    U.S. prices of Hermès' luxury bags, scarves and other goods are set to rise from May 1. The company told an analyst call on Thursday it would look to "fully offset" the impact of U.S. President Donald Trump's universal 10% tariffs — not yet covering the potential 20% tariffs that the European Union faces.