Hermès booms globally, reports “outstanding sales” for 2023 and Q4

Ultra-luxury specialist Hermès was upbeat on Friday as it released what it said were “outstanding sales and results” for 2023 as a whole and for the fourth quarter. See catwalkHermès – Fall-Winter2023 – 2024 – Womenswear – Paris – © ImaxTree The company reported revenue up 16% to €13.4 billion for the year and up … Read more

Hermes celebrates record profit with staff bonuses

By AFP Published Feb 9, 2024 French luxury giant Hermes posted on Friday record annual sales and net profit, with plans to reward all employees worldwide with a bonus following strong growth in every region last year. See catwalkHermes – Fall-Winter2024 – 2025 – Menswear – France – Paris – ©Launchmetrics/spotlight The group reported a … Read more

Hermès created Europe’s biggest family fortune after spurning LVMH

By Bloomberg Published Dec 9, 2023 On a chilly October day in Paris in 2010, Bertrand Puech got an unexpected call on his cellphone from Bernard Arnault, the founder of luxury giant LVMH Moët Hennessy Louis Vuitton SE and one of the world’s richest men. Arnault told Puech, the family patriarch at rival Hermès, that his … Read more