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Hermes International

Hermès to expand leather production capacity

7 February 2019 | Beth Wright

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


Marks & Spencer tops human rights benchmark

13 March 2017 | Michelle Russell

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.... read more


Hermes under fire again over exotic skin use

2 June 2016 | Michelle Russell

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. ... read more


Hermes secures sourcing supply with Tanneries du Puy buy

4 December 2015 | Michelle Russell

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.... read more


Hermès Q3 sales growth across all regions

12 November 2015 | Michelle Russell

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


Outlook 2015: Two key shifts for customers and suppliers

15 January 2015 | David Birnbaum

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.... read more


LVMH shareholders approve Hermes share deal

26 November 2014 | Michelle Russell

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.... read more


LVMH to end Hermes share dispute December

3 November 2014 | Michelle Russell

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.... read more


FRANCE: LVMH and Hermes end shareholding dispute

3 September 2014 | Katie Smith

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


FRANCE: Hermès delivers record FY margins and earnings

20 March 2014 | Michelle Russell

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.... read more


FRANCE: Dumas takes sole command of Hermes International

6 February 2014 | Stuart Todd

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.... read more


GERMANY: Delivery firm Hermes backs African cotton scheme

12 December 2013 | Michelle Russell

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


FRANCE: Hermès reports 12.9% jump in Q3 sales

11 November 2013 | Leonie Barrie

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


UK: M&S makes changes at the top of its Asia business

1 October 2013 | Leonie Barrie

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.... read more


FRANCE: LVMH will not appeal AMF fine over Hermes

4 September 2013 | Petah Marian

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.... read more


FRANCE: Hermes posts first-half profit growth

30 August 2013 | Petah Marian

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


ASIA: To continue to drive luxury growth

15 August 2013 | Katie Smith

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


FRANCE: Hermes expects FY sales growth to top 10%

18 July 2013 | Katie Smith

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.... read more


FRANCE: LVMH fined EUR8m over Hermes stake

1 July 2013 | Petah Marian

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. ... read more


FRANCE: Hermes names Axel Dumas co-CEO

5 June 2013 | Katie Smith

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


FRANCE: LVMH faces EUR10m fine over Hermes stake

3 June 2013 | Stuart Todd

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.... read more


FRANCE: Hermes first-quarter sales growth slows

22 April 2013 | Petah Marian

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


AUSTRALIA: Online and luxury offer opportunity for fashion retailers

9 April 2013 | Petah Marian

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. ... read more


FRANCE: Hermes FY profit rises on sales growth in Asia

21 March 2013 | Katie Smith

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


FRANCE: Hermes FY sales exceed expectations

12 February 2013 | Petah Marian

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


FRANCE: Hermes increases FY forecast on strong H1

31 August 2012 | Petah Marian

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


US: G-III buys Vilebrequin swimwear in EUR85.5m deal

8 August 2012 | Petah Marian

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


just-style management briefing: Brazil and Mexico lead Latin America's luxury sales

1 August 2012 | Ivan Castano Freeman

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.... read more


FRANCE: Hermes posts 21.9% H1 sales growth

19 July 2012 | Petah Marian

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


FRANCE: Hermes appoints Dumas as joint-CEO

30 May 2012 | Petah Marian

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


CHINA: Hermes dealt blow in trademark battle

6 March 2012 | Petah Marian

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.... read more


FRANCE: Hermes raises full-year sales target

4 November 2011 | Petah Marian

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


UK: Hermes Otto launches sustainable fashion brand

6 October 2011 | Petah Marian

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.... read more


FRANCE: Hermes family protects itself from LVMH advance

16 September 2011 | Petah Marian

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


RUSSIA: Clothing and footwear market set for growth

6 September 2011 | Leonie Barrie

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. ... read more


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