Catherine Deneuve Opens Paris Store Printemps' Holiday Display

French actress Catherine Deneuve poses as she takes part in the Christmas window display ceremony at the Printemps Haussmann department store in Paris on November 9, 2023. (Photo by Miguel MEDINA / AFP)
French actress Catherine Deneuve poses as she takes part in the Christmas window display ceremony at the Printemps Haussmann department store in Paris on November 9, 2023. (Photo by Miguel MEDINA / AFP)
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Catherine Deneuve Opens Paris Store Printemps' Holiday Display

French actress Catherine Deneuve poses as she takes part in the Christmas window display ceremony at the Printemps Haussmann department store in Paris on November 9, 2023. (Photo by Miguel MEDINA / AFP)
French actress Catherine Deneuve poses as she takes part in the Christmas window display ceremony at the Printemps Haussmann department store in Paris on November 9, 2023. (Photo by Miguel MEDINA / AFP)

French actress Catherine Deneuve kicked off the holiday shopping season in Paris on Thursday, presiding over a ribbon-snipping ceremony for the Christmas window displays of department store Printemps.
The Boulevard Haussmann store was outfitted with tags that fluttered under the awning, while puppet seagulls and owls made of paper flapped in the windows among piles of wish lists, Reuters reported.
"It's a very poetic idea," Deneuve said, of the store's displays.
European retailers are entering the crucial end-of-year season after a difficult September, which was unusually warm, making it hard to sell winter collections as rising living costs have cut spending on fashion and accessories.
Cooler weather in October and November contributed to a rebound in sales, however, according to Stephane Roth, general manager marketing, communication and architecture of the Printemps group.
Deneuve, 80, who plays the role of former French lady Bernadette Chirac in the satire film "Bernadette" released this year, said she had not started planning the holidays, which she usually spends in the countryside with family.
"I've not prepared anything --it's only November," Deneuve told Reuters, adding that she keeps large boxes of decorations for her Christmas tree, which she likes to reach the ceiling.
As for holiday meals, Deneuve said it was best to "stick with the classics", including foie gras and chestnuts.



Hermes 2Q Sales Rise 13% on Continued Appetite for High-End Luxury

People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. (Reuters)
People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. (Reuters)
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Hermes 2Q Sales Rise 13% on Continued Appetite for High-End Luxury

People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. (Reuters)
People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. (Reuters)

Birkin-bag maker Hermes reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back.

Sales at the French luxury group grew to 3.7 billion euros ($4.02 billion), a 13% organic sales rise that strips out currency fluctuations. The figure was in line with analyst expectations, according to a Visible Alpha consensus.

Operating profit for the first half was 3.1 billion euros, compared to a forecast from consensus provider Visible Alpha for 3.2 billion.

One of the most steady performers in the luxury goods sector -- even as economic conditions worsen -- the French group's results stand out after a string of disappointing earnings updates from peers which have raised investor concern about uncertain prospects for the sector in the coming months.

Hermes' famously classic designs and tight management of production and stock have helped reinforce the label's aura of exclusivity, and CEO Axel Dumas told reporters the company had seen "no big interruption in trends".

However, he said Hermes was seeing slightly less traffic with aspirational clients, which was impacting higher volume products like fashion accessories.