Company
Hermès
Official Name: Hermès International SCA
Headquarters: Paris, France
Founded: 1837
Employees: 17,595
Market Cap
€197.85 Billion
EUR as of Jan. 1, 2024
US$218.52 Billion
Hermès Categories
France Consumer Discretionary Luxury GoodsFrance Consumer Discretionary France Luxury Goods
Company Description
Hermès Paris, or more simply Hermès, is a luxury goods manufacturer. Founded in 1837 and traditionally linked to the equestrian world, Hermès produces and sells under the Hermès brand a range of leather products, lifestyle accessories, home furnishings, perfumery, jewelry, watches, and ready-to-wear fashion.
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Detailed Description
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes. It also provides silk and textiles for men and women; art of living products comprising furniture, lighting, plaids, decorative objects, tableware, birth gifts, beach fabrics, furnishing fabrics, and wallpapers; perfumes; and watches. In addition, the company is also involved in weaving, engraving, printing, dyeing, finishing, and producing textiles; and purchasing, tanning, dyeing, finishing, and selling precious hides. It sells its products through a network of 306 stores, including 221 directly operated stores worldwide. The company also sells watches, perfumes, and tableware through a network of specialized stores and in airport duty-free stores. Hermès International Société en commandite par actions was founded in 1837 and is based in Paris, France. Hermès International Société en commandite par actions is a subsidiary of H51 SAS.
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Stocks & Indices
Hermès International SCA has the following listings and related stock indices.
Stock: Euronext: RMS wb_incandescent
Product & Services
Luxury Goods
Key People
Founder(s): Thierry Hermès
Axel Dumas (Executive Chairman), Henri- Louis Bauer (Executive Manager and Chairman, Emile Hermès S A R L), Éric de Seynes (Chairman, Supervisory Board), Pierre- Alexis Dumas (Artistic Executive Vice President)
Financials
Revenue: €8.982 billion (2021)
Operating income: €3.530 billion (2021)
Net income: €2.445 billion (2021)
Total assets: €13.847 billion (2021)
Total equity: €9.412 billion (2021)