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Confidence Tag

20 Apr

Hermès Touts Confidence, Savoir-faire at Shareholders’ Meeting 

Hermès Touts Confidence, Savoir-faire at Shareholders’ Meeting 
A drum kit and electric guitars at Hermès International? The French luxury firm opened its annual shareholders’ meeting Thursday morning in Paris with a live performance by five-piece outfit Ishkero. The corporate definitely rocked in 2022 and the primary quarter of 2023, with revenues vaulting 23 percent across all regions and product categories, outpacing its luxury rivals. “We're prone to be less festive,” chief executive officer Axel Dumas deadpanned once the jazz band had been cleared away and he took his seat behind an extended white desk with three other Hermès executives in dark suits. The lads reviewed the corporate’s stellar financials, noting that every of its 19,700 employees received a 4,000-euro bonus for last 12 months, and that the 2022 dividend could...
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8 Apr

Beauty gap: how the fee of living crisis is

Beauty gap: how the fee of living crisis is
As we re-evaluate our spending and type our purchases into needs and desires, beauty can feel hard to position “I’ve stopped getting acrylics, sunbeds and haircuts. I used to get my nails done every month, and get balayage done. Now I’m giving myself haircuts and doing my very own nails because there’s just no way I can afford it anymore,” says 24-year-old communications consultant Siobhan Fitzsimons. “It’s heartbreaking to be working so hard and in real terms to be earning less money than I did after I first left uni. I’m living in my overdraft, and after I’ve been paid I feel ‘oh I’ll treat myself and get nails done’ after which I...
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15 Jan

Beauty gap: how the associated fee of living crisis

Beauty gap: how the fee of living crisis is
As we re-evaluate our spending and type our purchases into needs and needs, beauty can feel hard to position “I’ve stopped getting acrylics, sunbeds and haircuts. I used to get my nails done every month, and get balayage done. Now I’m giving myself haircuts and doing my very own nails because there’s just no way I can afford it anymore,” says 24-year-old communications consultant Siobhan Fitzsimons. “It’s heartbreaking to be working so hard and in real terms to be earning less money than I did after I first left uni. I’m living in my overdraft, and after I’ve been paid I feel ‘oh I’ll treat myself and get nails done’ after which I...
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23 Dec

Consumer Confidence Bounces Back, Spurs Holiday Retail Rally

Consumer Confidence Bounces Back, Spurs Holiday Retail Rally
Consumers bought slightly cheer back into the vacation season.  The Conference Board’s closely watched Consumer Confidence Index rebounded in December following back-to-back monthly declines.  The index rose sharply to 108.3 for this month, marking a rise from 101.4 in November and the very best reading since April.  That was an enormous — and welcome — surprise as economists had penciled in one other decline, to 100.5.  Wall Street ran with the news and pushed the market higher with the Dow Jones Industrial Average up 1.5 percent, or 488.03 points, to 33,337.77 in midday trading.  Leading retail and fashion stocks was Nike Inc., which was also benefiting from a powerful quarterly profit report late Tuesday, and saw its refill 13.5 percent to $117.17 in midday trading.  Among...
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