Hermes International

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Japan earthquake: apparel industry impact

In the wake of the massive earthquake, tsunami and nuclear power plant explosions which have devastated many areas in the north of Japan, fi... | 16 Jun 2009

Executives from some of the world’s leading retailers and brands last week shared their thoughts on what the economic crisis means to their businesses at the Reuters Global Luxury and Global Retail summits. Here’s what they had to say… | 29 May 2009

Despite having an ambitious export agenda via the Texbrasil promotion programme, many companies in Brazil’s textiles and apparel sector are more keenly focused on the domestic market where 200m consumers and economic growth beckon. Even foreign firms are getting in on the act too, as Jozef De Coster reports. | 5 Feb 2008

Has Tommy Hilfiger’s recent cancellation of a $2bn flotation cast a shadow over other planned luxury listings? Not so, according to Ivan Castano Freeman, who says Italian fashion houses Prada and Ferragamo are putting a brave face on the credit crisis and will proceed with initial public offerings this summer. | 13 Feb 2006

Now that India’s government has announced a partial lifting of its ban on foreign retailers setting up shop, apparel businesses must surely be queuing up for a slice of the country’s US$15bn clothing market. Mike Flanagan thinks not. He believes a one-brand rule and high import duties are slowing the countdown to India’s retail revolution.

Latest News

Michelle Russell | 13 Mar 2017

UK retailer Marks & Spencer has topped a new benchmark ranking that aims to incentivise companies in a race to the top for the moral and commercial advantages of a strong human rights record.

Michelle Russell | 2 Jun 2016

Luxury retailer Hermès has once again come under fire over the sale of handbags made from exotic skins, after animal rights activists confronted the group's CEO at its AGM in Paris this week. 

Michelle Russell | 4 Dec 2015

Hermès Cuirs Précieux, the tanning unit of French luxury goods group Hermès International, has acquired long-standing partner and calf leather supplier Tanneries du Puy.

Michelle Russell | 12 Nov 2015

French luxury goods group Hermès has booked higher third-quarter earnings across all regions, despite operating in what it said was a challenging environment. 

Michelle Russell | 26 Nov 2014

Shareholders of French luxury goods companies LVMH have approved plans to redistribute the shares it holds in Hermès International to end a long-running legal dispute between the two firms.

Michelle Russell | 3 Nov 2014

French luxury goods companies LVMH has outlined plans to redistribute the shares it holds in Hermès International on 17 December to end a long-running legal dispute between the two firms.

Katie Smith | 3 Sep 2014

French luxury goods companies LVMH and Hermès have ended a long-running legal dispute over the former's shareholding in the latter.

Michelle Russell | 20 Mar 2014

Analysts have said they expect Hermès to deliver "resilient" revenue growth and maintain "top notch" EBIT margin this fiscal after the French luxury group revealed record full-year operating margins.

Stuart Todd | 6 Feb 2014

Having held the post of co-CEO alongside Patrick Thomas since June last year, Axel Dumas has taken sole command of luxury brand Hermes International.

Michelle Russell | 12 Dec 2013

The Hermes Logistik Gruppe Germany (HLGD) has become a partner of the Cotton made in Africa (CmiA) initiative.

Leonie Barrie | 11 Nov 2013

French luxury group Hermes has reported "solid" third-quarter sales, helped by a "remarkable' performance by its ready-to-wear and accessories.

Leonie Barrie | 1 Oct 2013

Retailer Marks & Spencer is reshuffling the executives leading its Asia operations, with Pascal Martin leaving later this month to be replaced by Bruce Findlay, the former retail director at Calvin Klein Europe and Tommy Hilfiger Asia-Pacific.

Petah Marian | 4 Sep 2013

Moët Hennessy Louis Vuitton LVMH has decided to not to appeal against an EUR8m fine imposed by France's markets watchdog The Autorité des Marchés Financiers (AMF) in relation to its acquisition of of a 10% stake in luxury rival Hermès.

Petah Marian | 30 Aug 2013

French luxury group Hermes saw first half profits rise on strong sales of its leather and silk accessories.

Katie Smith | 15 Aug 2013

Asia, particularly China, will continue to drive growth in the luxury market despite a slight slowdown in recent years, according to new research.

Katie Smith | 18 Jul 2013

French luxury group Hermes has said it expects full-year sales to "slightly exceed" its growth target of 10%, after second-quarter sales were boosted by higher demand in Asia and the Americas.

Petah Marian | 1 Jul 2013

Moët Hennessy Louis Vuitton LVMH has been fined EUR8m by France's stock market regulator for failing to disclose its stake building in luxury rival Hermes before 2010.

Katie Smith | 5 Jun 2013

Luxury brand Hermes International has promoted chief operating officer Axel Dumas to the position of co-chief executive officer.

Stuart Todd | 3 Jun 2013

LVMH faces a fine of up to EUR10m (US$13m) from France's financial markets regulator for stealthily increasing its shareholding in luxury fashion goods rival Hermès over several years.

Petah Marian | 22 Apr 2013

French luxury brand Hermes saw first quarter sales growth slow as currency headwinds weighed on its performance.

Petah Marian | 9 Apr 2013

The online and luxury segments are set to provide a silver lining in what is an otherwise gloomy outlook for Australia's fashion industry, according to research released by IbisWorld.

Katie Smith | 21 Mar 2013

French luxury brand Hermes has today (21 March) posted a 25% surge in full-year profit, driven by increased demand in Asia.

Petah Marian | 12 Feb 2013

French luxury brand Hermes said 2012 sales exceeded its expectations, driven by "persistently robust momentum in the fourth quarter".

Petah Marian | 31 Aug 2012

Luxury goods maker Hermes has increased its full-year forecast after recording a strong first-half performance, boosted by strong sales in Asia.

Petah Marian | 8 Aug 2012

G-III Apparel Group has acquired men's luxury swimwear and resort-wear brand Vilebrequin from Fashion Fund One.

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