PYMNTS-MonitorEdge-May-2024

Hermès

Nike and Hermès NFT Lawsuits Presage a Wave of Metaverse IP Litigation
Nike and Hermès NFT Lawsuits Presage a Wave of Metaverse IP Litigation
February 08, 2022  |  NFTs

NFTs, art, commerce and people who pay way, way too much for sneakers and handbags are getting ready to clash in a lower Manhattan courthouse...

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Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp Sales Increase
Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp...
February 19, 2021  |  News

In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of...

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Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
February 19, 2021  |  Retail

Strong Asian demand for leather bags, wallets and even $900 sneakers saw the French luxury design house and retailer Hermès post a 12.3 percent increase...

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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal
Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In...
August 10, 2020  |  Partnerships / Acquisitions

Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for...

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FedEx Eyes Stake In Germany’s Hermes Delivery Service
FedEx Eyes Stake In Germany’s Hermes Delivery Service
May 27, 2020  |  Delivery

With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes, according to the Handelsblatt newspaper, as reported by Reuters....

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