Hermes International

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CHINA: Hermes dealt blow in trademark battle Petah Marian | 6 Mar 12

French luxury goods maker Hermes has been dealt another blow in a trademark infringement battle with a Guangdong garment factory which owns the "Aimashi" trademark, similar to Hermes' brand name in China.

FRANCE: Hermes raises full-year sales target Petah Marian | 4 Nov 11

French luxury house Hermes has raised its full-year sales target on the back of strong third-quarter growth.

UK: Hermes Otto launches sustainable fashion brand Petah Marian | 6 Oct 11

Global sourcing group Hermes Otto is launching a new sustainable fashion brand called Wild Earth Cotton that will use raw materials from the Cotton Made in Africa initiative.

FRANCE: Hermes family protects itself from LVMH advance Petah Marian | 16 Sep 11

A French court has given Hermes permission to create a controlling family holding in order to ward off advances from rival LVMH.

RUSSIA: Clothing and footwear market set for growth Leonie Barrie | 6 Sep 11

Retail sales of clothing and footwear in Russia are likely to rise by an average of 10% a year for the next few years, fuelled by growth in the mid-market segment.

FRANCE: Hermes sees H1 net income surge Petah Marian | 31 Aug 11

French luxury brand Hermes has seen its first half profit surge thanks to rising sales across all geographies and categories.

Japan earthquake: apparel industry impact Leonie Barrie | 21 Mar 11

In the wake of the massive earthquake, tsunami and nuclear power plant explosions which have devastated many areas in the north of Japan, first thoughts are of course with the millions of people caught up in the tragedy. But there is a commercial cost to be considered too - including its possible impact on the apparel industry.

The week ahead on just-style... Joe Ayling | 31 Jan 11

Taking a look at the week ahead for the footwear and apparel industry, here is a snapshot of just-style's latest news and insights agenda.

FRANCE: Regulator takes steps to protect Hermes stake | 7 Jan 11

Founding family members of luxury goods maker Hermes International SCA have been given permission to group more than 50% of their shares in the firm into a separate holding company, in a move intended to protect the firm from a hostile takeover from rival luxury goods group LVMH.

FRANCE: Hermès family shareholders set up holding company Stuart Todd | 7 Dec 10

The founding family shareholders of Hermès have set up a holding company, accounting for more than 50% of the capital of the luxury French fashion brand, as they seek to block any possible takeover bid from LVMH.

FRANCE: Hermès posts 20% sales uptick | 9 Nov 10

French luxury goods company Hermès has posted 20% sales growth for the third quarter, driven by its own retail stores.

FRANCE: LVMH welcomes probe into Hermes stake | 8 Nov 10

Luxury goods group LVMH says it "welcomes" an investigation by French stock market watchdog Autorite des Marches Financiers (AMF) into the way the group built up its 17.1% stake in rival Hermes International.

FRANCE: Jean Paul Gaultier to head company board | 21 Jul 10

French fashion designer Jean Paul Gaultier has been named head of the board of his namesake couture and ready-to-wear houses.

AUSTRIA: Knapp buys Dürkopp Fördertechnik | 13 Jul 10

Warehouse automation supplier Knapp AG has bought Dürkopp Adler's overhead conveyor systems subsidiary Dürkopp Fördertechnik, for an undisclosed sum.

FRANCE: Hermes unveils Q1 sales boost | 6 May 10

Hermes International has posted first quarter sales up 18.5% at current exchange rates to EUR507.7m (US$649.3m)

CHINA: Hermes creates new Shang Xia brand Michael Fitzpatrick | 4 Feb 10

Hermes International is to create a special new brand for the rapidly expanding Chinese market this spring.

INDIA: Higher costs push S Kumars to FY profit drop | 3 Jul 09

Indian fabric and apparel maker S Kumars Nationwide Ltd, one half of an investment group that has successfully bid for bankrupt US suit maker Hartmarx Corporation, has posted a 5.1% drop in full-year profit as soaring sales failed to offset higher costs.

COMMENT: Retail recovery not business as usual | 16 Jun 09

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…

Brazilian makers eye new markets at home and abroad | 29 May 09

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.

UK: French Fashion Day to showcase manufacturers' skills | 31 Mar 09

The French Trade Commission in London is teaming up with the Association for the Promotion of Clothing Manufacturers in the West of France (APHO) to hold a French Fashion Day in London later this month.

UK: Peacocks suppliers see credit insurance reduced | 9 Dec 08

UK value fashion retailer Peacocks says that credit insurance cuts at some of its suppliers are due to general clothing sector trends rather than its own form.

FRANCE: Hermès sales up 14.2% in first nine months | 6 Nov 08

Luxury goods maker Hermès Group saw sales increase 14.2% to EUR1.22bn (US$1.56bn) over the first nine months, buoyed by strong results in Asia and the Americas.

US: Survey rates Bottega Veneta top luxury brand | 4 Jun 08

Bottega Veneta has been rated the most prestigious women's luxury fashion brand by wealthy Americans who took part in a new survey by the New York City-based Luxury Institute.

CHINA: Golden Eagle boosts FY profit 66.3% | 3 Apr 08

Chinese premium department store chain said that its fiscal year 2007 profit attributable to equity holders surged by 66.3% to CNY386m (US$55.01m), opening two new stores during the period.

ANALYSIS: Hilfiger won’t spoil Prada, Ferragamo IPOs | 5 Feb 08

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.

UK: Lily Cole signs modelling deal with M&S | 15 Nov 07

Fashion model Lily Cole has been named as the new face of Marks and Spencer's Limited Collection range.

FRANCE: LVMH lining up Hermes bid? | 16 Aug 07

Luxury goods group Hermes International might be a takeover target for rival LVMH, according to market rumours.

FRANCE: Hermes reports first quarter 6.5% sales rise | 10 May 07

Luxury goods manufacturer Hermes International has posted a 6.5% increase in like-for-like sales for its first quarter, despite a decrease in Japanese revenue.

US: Business bankruptcies expected to increase | 1 Mar 07

Difficult market conditions and higher costs will push the number of American business bankruptcies up about 12% in 2007, but the increase will be bloated by last year’s dramatic decline.

FRANCE: Hermes FY revenue up 6.1% | 9 Feb 07

Luxury label Hermes International reported a 6.1% increase in full-year 2006 revenue as all geographical regions saw good growth.



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