Hermès International

Hermès International is a renowned French luxury design house with a rich history dating back to its establishment on June 15, 1837. Founded by Thierry Hermès, it began as a harness workshop in Paris, dedicated to serving European noblemen. Over the years, Hermès has become synonymous with high-quality craftsmanship and timeless elegance. The company's product range is diverse, including leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches, and ready-to-wear fashion. Hermès is particularly famous for its exquisite silk scarves and iconic handbags, such as the Birkin and Kelly, which have become symbols of luxury worldwide. Hermès's commitment to quality is evident in its meticulous production process, where many items are handcrafted by skilled artisans. This dedication to craftsmanship and detail has allowed Hermès to maintain its status as a purveyor of high-end luxury goods. The company's headquarters is located at 24 Rue du Faubourg Saint-Honoré in Paris, France, a location that has been home to Hermès since Charles-Émile Hermès, the son of the founder, moved the shop there in 1880. The flagship store remains a symbol of the brand's enduring legacy and its connection to Parisian chic. Hermès International is a publicly traded company, listed on Euronext Paris, and is part of the CAC 40 index. As of 2023, the company reported revenues of €13.427 billion, with an operating income of €5.650 billion and a net income of €4.311 billion. The total assets were valued at €20.447 billion, and the total equity stood at €15.203 billion. The company employs over 22,000 people worldwide. The Hermès family still retains a significant ownership stake in the company, ensuring that the family's values and traditions continue to guide Hermès International's operations and vision. The company's leadership includes Axel Dumas as the Executive Chairman and Pierre-Alexis Dumas as the Artistic Executive Vice President, among other key figures. Throughout its history, Hermès has managed to balance tradition with innovation, creating products that are both classic and contemporary. Its logo, a ducal carriage drawn by a horse, reflects the company's roots in equestrian heritage and its journey through the centuries. In summary, Hermès International stands as a testament to the enduring appeal of luxury craftsmanship and the timeless allure of French design. Its commitment to quality, heritage, and innovation continues to captivate consumers and connoisseurs of fine goods around the globe.