Turnover: 11.6 billion EUR (2022)

Country: France

Hermès International, founded in 1837, specializes in leather goods, lifestyle accessories, home furnishings, fragrances, jewelry, watches and ready-to-wear.

In 2017, Hermès generated 50% of its sales from its leather goods and saddlery products with 2.8 billion euros, far ahead of its Clothing & Accessories division (21%).

In the same year, the Group generated 35% of its sales in Asia-Pacific (excluding Japan at 13% of sales), and 14% in France.

News

Hermès, champion of luxury growth 29/07/2023

Hermès sales growth: 25% in the first half.

Planned openings: four new leather goods stores by 2027.

Luxury: Hermès, the quiet force of luxury gallops on 28/07/2023

  • Hermès sales reached over 6.6 billion euros in the first six months of the year. Sales were up 25%.
  • Sales in Asia were up 28%.
  • Sales in the United States rose by 20%, in Europe by 22% and in France by 24%.
  • Continued rapid growth in Hermès sales, with a particularly strong performance in Asia and in the leather goods market.

Hermès to create a third leather goods factory in the Ardennes, creating 280 jobs by 2027 28/04/2023

  • Hermès will build a new leather goods factory in Charleville-Mézières, to be operational in 2027.
  • 260 craftsmen will exercise their skills in these future workshops.
  • The Pôle des maroquineries des Ardennes will employ over 800 craftsmen by 2027.
  • The new Charleville-Mézières leatherworks will be Hermès Maroquinerie Sellerie's twenty-sixth production site in France.

Hermès prepares to open its 23rd leather goods factory near Angoulême 10/02/2023

  • Hermès recruits and trains in leaps and bounds
  • nine openings since 2010,
  • three new openings planned for 2023

Hermès is benefiting from inflation. 29/07/2022

  • The group faces falling sales in China
  • Group posts net profit of 1.64 billion euros
  • Flagship store to open in September in New York
  • Investments to rise to 550 million euros
  • Jewelry and watch prices rise
  • French saddlery sales up 29% to 5.4 billion euros
  • The company plans to open 5 additional workshops within five years

Hermès starts 2022 in a good position. 14/04/2022

  • In the first quarter of 2022, Hermès posted sales growth of 33% to 2.76 billion euros
  • U.S. market up 44
  • Euro zone sales up 44%, Japan up 17
  • In China, the luxury house has 26 stores, and the 3 in Shanghai are closed due to sanitary measures

Hermès sees first-half results soar 30/07/2021

  • Sales 4,235 billion euros by January-June 2022
  • Operating income recurring 1.722 billion euros
  • Sales up 77% compared with 2nd quarter 2020
  • Sales up 44% on 1st quarter 2022

Creation of a new plant for Hermès in Auvergne (250 new jobs) 16/09/2020

  • Creation of 250 jobs Hermès has another site in Sayat (Clermont-Ferrand)
  • The new building will be operational by 2023
  • Since 2010, Hermès has opened nine plants, creating 2,500 new jobs.
  • Hermès employs 3,800 saddlery and leather goods makers in France.
  • Hermès Maroquinerie Sellerie has 22 production sites

For fiscal 2018, Hermès International reported net income up 11% on 2017, as well as sales up 10.4% (at constant exchange rates, up 7.5% at current exchange rates).

Financial Data

DUNS: 696520410

Legal Name: HERMES SELLIER

Address: 24 RUE DU FAUBOURG SAINT HONORE , 75008 PARIS 8

Number of employees: Entre 2 000 et 4 999 salariés (2019)

Capital: 4 976 000 EUR


Financial Data:

Year Turnover (€) Net Profit (€) Fiscal Year End Fiscal Year Duration
2021 4 172 341 175 EUR 836 172 331 EUR 31/12/2021 12
2020 3 207 818 539 EUR 481 233 770 EUR 31/12/2020 12
2019 3 340 277 116 EUR 792 080 516 EUR 31/12/2019 12
2018 2 911 780 596 EUR 463 564 696 EUR 31/12/2018 12
2017 2 604 004 200 EUR 388 361 290 EUR 31/12/2017 12
2016 2 367 983 694 EUR 390 757 541 EUR 31/12/2016 12

Company Managers:

Position First Name Last Name Age Linkedin
Gérant Axel Olivier Dumas 53

Studies mentioning this company

The Handbag Market - United Kingdom

Other companies mentioned:

The jewelry market - Italy

Other companies mentioned:

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