Hermès
Hermès flagship, 24 Rue du Faubourg-Saint-Honoré, Paris | |
| Company type | Public (Société Anonyme) |
|---|---|
| Euronext Paris: RMS
CAC 40 component | |
| Industry | Luxury goods |
| Founded | 1837 in Paris |
| Founder | Thierry Hermès |
| Headquarters | 24 Rue du Faubourg Saint-Honoré – 75008 Paris, France 48°52′08″N 02°19′18″E / 48.86889°N 2.32167°E |
Key people | Axel Dumas (Executive Chairman), Henri-Louis Bauer (Executive Manager and Chairman, Emile Hermès SARL), Éric de Seynes (Chairman, Supervisory Board), Pierre-Alexis Dumas (Artistic Executive Vice President) |
| Products | Clothing and accessories |
| Revenue | €15.17 billion (2024) |
| €6.15 billion (2024) | |
| €4.60 billion (2024) | |
| Total assets | €23.08 billion (2024) |
| Total equity | €17.33 billion (2024) |
| Owners | Hermès family and others (see shareholder structure) |
Number of employees | 25,185 (2024) |
| Website | hermes.com |
Hermès International S.A. (/ɛərˈmɛz/ ⓘ er-MEZ, French: [ɛʁmɛs] ⓘ), using the trade name Hermès Paris or simply Hermès, is a French luxury goods company that was founded in 1837 by Thierry Hermès in Paris, France. At that time, it specialized in the saddlery and harness making trade, producing equipment for horse riders and their horses. The company then branched out into many other trades, including leather goods (which is now its core business), followed by silk, ready-to-wear, watchmaking, jewellery, fashion accessories and perfumery. In 2020, the beauty division added a sixteenth business line.
Hermès is still controlled by descendants of the founder, Thierry Hermès. The Hermès family is divided into three branches – the Dumas, Guerrand and Puech cousins – united within the H51 holding company. Except for the period from 2003 to 2013, during which Patrick Thomas was CEO, the company has always been run by a descendant of the founder. Today, it employs around 25,000 people, including 7,000 craftsmen and 15,000 employees in France, where it has 60 manufactures and production sites. In 2024, Hermès generated sales of 15.2 billion euros, with a net income of 4.6 billion euros.