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News for Hermes

Office casual collateral damage: As men shed neckties, Hermes feels the pinch
Hermes International has become the latest fashion industry victim of men's casual dress, signaling weakness in its silk business as neckties lose their allure. Revenue from silk and textiles rose 3 ...

A Hermès Watch for Any Gender
What makes a watch a man’s watch? Or a woman’s? Consider La Galop d’Hermès, a stirrup-shaped timepiece introduced at the Salon International de la Haute Horlogerie in January. It’s a feminine watch, ...

Hermes Becomes Latest Victim Of Casual Dress As Men Shed Ties
Hermes International has become the latest fashion industry victim of men’s casual dress, signaling weakness in its silk business as neckties lose their allure. Revenue from silk and textiles rose 3 ...

Hermes International : 2018 results
The Group's consolidated revenue amounted to €5,966 million, up +10.4% at constant exchange rates and +7.5% at current exchange rates. Recurring operating income increased 6% to €2,045 million (34.3% ...

Hermès International : 2018 results
The complete consolidated financial statements will be available by 30 April 2019 at the latest, at http://finance.hermes.com and on the AMF website (www.amf-france.org). Growth at current exchange ...

How the Dumas family, heirs to the $49.2 billion Hermès...
Thierry Hermès, an orphan, was skilled with leather — so skilled, in fact, that his main clients in the 19th century were royal families. Six generations later, the Hermès family — and brand — is now ...

Hermès Had A Really Strong 2018 Thanks To Thriving Chinese Demand
Axel Dumas, the chief executive of Hermès International, is in high spirits following what was a very strong performance in 2018. On Wednesday, the French luxury brand announced a 15% increase in net ...

Handbag maker Hermes still benefiting from buoyant Asian demand
PARIS (Reuters) - Upmarket handbag maker Hermes, one of the luxury brands still riding high on strong demand from Asian clients, said on Wednesday it had not observed any change in sales trends so far ...

Hermes turns fashion victim amid the long, slow demise of the necktie
Hermes International has become the latest fashion industry victim of men's casual dress, seeing its silk business struggle as neckties lose their allure. Revenue from silk and textiles rose 3 per ...

French luxury group Hermès posts surge in full-year profits
French luxury group Hermès said on Wednesday that it saw no sign that demand for its high-end products is waning during the start of the year, as the group reported a surge in profits for 2018. Hermès ...

Hermes International net profit rises
Hermes International SCA (RMS.FR) said Wednesday that its net profit grew by double digits in 2018, and that it met its guidance. The French luxury-goods company said net profit for the year rose 16% ...

Bag maker Hermes sees no changes to sales trend as profits rise
PARIS (Reuters) - Handbag maker Hermes, one of the luxury brands still riding high on strong demand from Asian clients, said on Wednesday it had not observed any change in sales trends so far this ...