Hermès
Hermès flagship, 24 Rue du Faubourg-Saint-Honoré, Paris | |
| Company type | Public (Société Anonyme) |
|---|---|
| Euronext Paris: RMS
CAC 40 component | |
| Industry | Luxury goods |
| Founded | 1837 in Paris |
| Founder | Thierry Hermès |
| Headquarters | 24 Rue du Faubourg Saint-Honoré – 75008 Paris, France 48°52′08″N 02°19′18″E / 48.86889°N 2.32167°E |
Key people | Axel Dumas (Executive Chairman), Henri-Louis Bauer (Executive Manager and Chairman, Emile Hermès SARL), Éric de Seynes (Chairman, Supervisory Board), Pierre-Alexis Dumas (Artistic Executive Vice President) |
| Products | Clothing and accessories |
| Revenue | €15.17 billion (2024)[1] |
| €6.15 billion (2024) | |
| €4.60 billion (2024) | |
| Total assets | €23.08 billion (2024) |
| Total equity | €17.33 billion (2024) |
| Owners | Hermès family and others (see shareholder structure) |
Number of employees | 25,185 (2024) |
| Website | hermes.com |
Hermès International S.A. (/ɛərˈmɛz/ ⓘ er-MEZ, French: [ɛʁmɛs] ⓘ), using the trade name Hermès Paris or simply Hermès, is a French luxury company founded in Paris in 1837, by Thierry Hermès. At the time, it specialized in the saddlery and harness maker trade, making equipment for the horse rider and his horse.
The company then branched out into many other trades, including leather goods, which is now its core business, followed by silk, ready-to-wear, watchmaking, jewellery, fashion accessories and perfumery. In 2020, the beauty division added a sixteenth business line. Its commitment to craftsmanship and product quality has made it one of the world's most famous luxury houses.
Hermès is still controlled by the Hermès family, descendants of the founder. It is divided into three branches, the Dumas, Guerrand and Puech cousins, united within the H51 holding company. With the exception of the 2003-2013 period, during which Patrick Thomas was CEO, the company has always been run by a descendant of founder Thierry Hermès. Today, it employs around 25,000 people, including 7,000 craftsmen and 15,000 employees in France, where it has 60 manufactures and production sites. In 2024, Hermès generated sales of 15.2 billion euros, with a 4.6 billion euros net income.
- ^ "Outstanding results in 2024" (PDF). finance.hermes.com.