When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shoppers are willing to pay higher price tags for designer accessories.
Rival Louis Vuitton, the world's largest luxury label, said on Tuesday it would raise prices globally from Feb. 16 due to higher manufacturing and transport costs - one of the first major luxury brands to do so this year.
