Hermes International

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Hermès to expand leather production capacity Beth Wright | 7 Feb 19

French luxury retailer Hermès is to strengthen its in-house leather production capabilities with the construction of a new workshop in Normandy.

Marks & Spencer tops human rights benchmark Michelle Russell | 13 Mar 17

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.

Hermes under fire again over exotic skin use Michelle Russell | 2 Jun 16

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. 

Hermes secures sourcing supply with Tanneries du Puy buy Michelle Russell | 4 Dec 15

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.

Hermès Q3 sales growth across all regions Michelle Russell | 12 Nov 15

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

Outlook 2015: Two key shifts for customers and suppliers David Birnbaum | 15 Jan 15

In his take on the key apparel industry issues to watch in 2015, David Birnbaum homes in on the problems facing those brands who have set their sights on developing markets in China and Russia; and a solution for the new model full-service factories.

LVMH shareholders approve Hermes share deal Michelle Russell | 26 Nov 14

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.

LVMH to end Hermes share dispute December Michelle Russell | 3 Nov 14

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.

FRANCE: LVMH and Hermes end shareholding dispute Katie Smith | 3 Sep 14

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

FRANCE: Hermès delivers record FY margins and earnings Michelle Russell | 20 Mar 14

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.

FRANCE: Dumas takes sole command of Hermes International Stuart Todd | 6 Feb 14

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.

GERMANY: Delivery firm Hermes backs African cotton scheme Michelle Russell | 12 Dec 13

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

FRANCE: Hermès reports 12.9% jump in Q3 sales Leonie Barrie | 11 Nov 13

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

UK: M&S makes changes at the top of its Asia business Leonie Barrie | 1 Oct 13

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.

FRANCE: LVMH will not appeal AMF fine over Hermes Petah Marian | 4 Sep 13

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.

FRANCE: Hermes posts first-half profit growth Petah Marian | 30 Aug 13

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

ASIA: To continue to drive luxury growth Katie Smith | 15 Aug 13

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

FRANCE: Hermes expects FY sales growth to top 10% Katie Smith | 18 Jul 13

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.

FRANCE: LVMH fined EUR8m over Hermes stake Petah Marian | 1 Jul 13

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.

FRANCE: Hermes names Axel Dumas co-CEO Katie Smith | 5 Jun 13

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

FRANCE: LVMH faces EUR10m fine over Hermes stake Stuart Todd | 3 Jun 13

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.

FRANCE: Hermes first-quarter sales growth slows Petah Marian | 22 Apr 13

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

AUSTRALIA: Online and luxury offer opportunity for fashion retailers Petah Marian | 9 Apr 13

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.

FRANCE: Hermes FY profit rises on sales growth in Asia Katie Smith | 21 Mar 13

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

FRANCE: Hermes FY sales exceed expectations Petah Marian | 12 Feb 13

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

FRANCE: Hermes increases FY forecast on strong H1 Petah Marian | 31 Aug 12

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

US: G-III buys Vilebrequin swimwear in EUR85.5m deal Petah Marian | 8 Aug 12

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

just-style management briefing: Brazil and Mexico lead Latin America's luxury sales Ivan Castano Freeman | 1 Aug 12

After more than doubling its growth rates between 2008 and 2012, Brazil is the darling of Latin America's luxury apparel and goods market. Last year, the market for designer clothing and footwear grew 7.3% to $2.6bn, while sales of luxury accessories increased 4.5% to 1.2bn.

FRANCE: Hermes posts 21.9% H1 sales growth Petah Marian | 19 Jul 12

French luxury group Hermes said today (19 July) that revenue increased 21.9% over the first-half to reach EUR1.59bn.

FRANCE: Hermes appoints Dumas as joint-CEO Petah Marian | 30 May 12

Luxury brand Hermès has announced that current chief operating officer Axel Dumas will become joint-CEO of Hermes International in June.




just-style homepage

Forgot your password?