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Prarthana PrakashFortune |
“We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.
The Trump administration's changes are prompting more Americans to consider leaving the U.S. for more freedom and stability.
Law firm trainees need to be ready to take calls at odd hours, weekends, and while on vacation—but they mint up to £170,000 a year doing it.
“Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.
"Versace has huge potential," said Andrea Guerra, CEO of Prada, upon the deal's closing.
Oura just capped off a funding round that will help the Finnish company look “beyond rings,” CEO Tom Hale said.
Official data suggests some 74,000 people claimed non-dom status in 2023, accounting for £8.9 billion in tax revenues for the U.K.
“Being seen” is critical to career development, Debbie Crosbie said, arguing that remote work makes female employees appear absent.
"Savvy buyers looking for value—and availability—will quickly pivot to secondhand," one Rolex watch dealer told Fortune.
“We are currently facing the most serious security crisis since World War II," Tina Bru of Norway’s Conservation party told Fortune.
Yoon's removal triggers fresh presidential elections, which must be held within 60 days.
The factors driving sick leave culture can differ but are broadly linked to mental health, welfare benefits, and cultural factors.
Making toys for kids isn't rocket science, but few others have done it as well (or for as long) as Lego has. Fortune takes a look at how the Danish...
Oatly was valued at $2 billion when it went public in 2021. A lot has since changed within the company—and the entire dairy vs. non-dairy landscape.
LVMH bought a 10% minority stake in Double R, Moncler’s largest shareholder and the vehicle owned by its CEO Remo Ruffini, six months ago.
Hermès doesn’t belong in the world of speed and mass production—but that doesn’t mean it won’t adapt as startups do.
“Next is the envy of the retail sector,” an investment director said, as it became only the fourth British retailer to hit the £1 billion profit...
Diageo’s Debra Crew served four years in the military—her first job before a corporate career that led her to the C-suite.
Ana Botín leads one of Europe’s largest banks by taking Saturdays off, capping emails off at 7.30 p.m. and following a religious health routine.
The U.S. airstrikes against Houthi rebels could ultimately help Europe's access to the Suez Canal—so Trump expects something "in return."
A tit-for-tat tariff sweep from Europe is "going to penalize Europe much more than American businesses and companies," L’Oréal's CEO said.
Sir Charlie Mayfield, former chair of an employment body, said part of the problem is "some over-medicalization of early-stage mental health issues."
David Stever had been with Ben & Jerry’s for 34 years in total. Ben & Jerry's claims Unilever didn't oust him for performance reasons.
“Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
LVMH-owned Loro Piana has benefited from the luxury sector's embrace of “soft” or “quiet” luxury, with understated yet exorbitant apparel.
Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.
This centimillionaire group has exploded by over 50% in the last 10 years, with nearly 30,000 individuals striding into the ultra-rich club.
“If you want to address civilization and society's issues, then you have to do it with the city," Urban Partners' co-CEO Claus Mathisen said.
This year, Fortune curated a list of female leaders at the helm of European companies across the continent’s biggest industries.
“[Some] Americans are now looking for a way to come here short of citizenship, to at least get into the country and leave the U.S.,” an...
“As far as my family was concerned, that was another planet," Chanel's Leena Nair said. The bet paid off as she then built a 30-year career at...
WPP's CEO Mark Read noted that the revenue slip was partly due to “weaker client discretionary spend.”
Swatch Group catapulted to fame with its motley of colorful plastic watches, credited with saving the entire Swiss watch industry. It’s since seen...
As Milan’s runways light up with glamour, the fashion world grapples with slumping sales, China’s slowdown, and a luxury market under pressure.
"The step-up from CFO to CEO by Fernandez will be liked by many investors," Jefferies analyst David Hayes said of the Unilever CEO transition.
Hermès’s executive chairman believes “it’s not the success of Hermès, but the world came to us,” he said during an earnings call.
“Consistency is not about one good year. We know there is a lot still to do," Unilever CEO Hein Schumacher said.
CEO Dolf van den Brink said Heineken would continue to investments through 2025 as part of its “EverGreen Strategy” to future-proof the brewer.
“Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri Pinault said.
Many pet owners are “humanizing” their pets, creating demand for a wider variety of products, Nestlé told Fortune exclusively.
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Bettencourt Meyers is a third-generation L'Oreal heir and has spent 28 years on its board. Her two sons are also board directors.
CEO Jacob Aarup-Andersen said that Carlsberg's game plan "is to have a broad portfolio of brands with alcohol-free line extensions."
High number of "products that are unsafe, counterfeit or otherwise non-compliant leads to serious safety and health risks," the draft proposal said,...
Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S....
H&M's goal is "improving what makes the biggest difference for the customer and removing what doesn’t," CEO Daniel Ervér said.
Decathlon found a void in the nature- and sport-loving market, tapped into it, and built a monumental business out of it.
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.
Tech darling Nord Security's CEO was surprised at first when Lithuania was named the happiest in the world for under-30s. But he sees why at his...
Despite the challenges and less than developed market for pre-owned goods, it’s here to stay, says the Ingka Group CEO.
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