World Footwear

Hermès

Hermès posts strong first quarter

Apr 19, 2023 / France
The French-based luxury group posted a revenue growth of 23% at constant exchange rates and 22% at current exchange rates in the first quarter of 2023, year-over-year, reaching 3.38 billion euros

Hermès posts robust full year results

Feb 20, 2023 / France
The luxury group posted a sales growth of nearly 30% in 2022 over the prior year, reaching 11.60 million euros. Despite the global uncertainty, the group is approaching 2023 with confidence

French luxury segment in need of specialized artisans

Dec 8, 2022 / France
There are at least 20 000 vacancies for specialized workers in the French luxury segment, said the association that represents about a hundred luxury houses in the country

École Hermès des savoir-faire expands training programme

Nov 4, 2022 / France
Hermès apprenticeship training school, which prepares students for the French national diploma in leatherwork, will include a vocational qualification certification in cutting and stitching

Hermès sales on rising mode

Oct 24, 2022 / France
The French-based luxury group reported a sales jump of 30% in the first nine months of 2022, year-over-year, and shows no signs of slowing down. Price hikes are in the pipeline for 2023

Skechers sues Hermès for patent infringement

Oct 20, 2022 / United States
The US-based company announced that it has sued the luxury group for allegedly infringing on multiple patents regarding its Massage Fit sole technology

Hermès sales grow in the first half

Aug 3, 2022 / France
The French-based luxury group posted a revenue increase in the first half of 2022, with all geographical areas recording "strong growth". Performance in Greater China bounced back in June

Hermès to open two new leather goods workshops by 2026

Mar 22, 2022 / France
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture

Fashion brands halt sales in Russia

Mar 7, 2022 / World
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February

Hermès posts strong performance in 2021

Feb 22, 2022 / France
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros

Hermès reports strong growth

Oct 25, 2021 / France
In the third quarter of 2021, the group’s consolidated revenue totalled 2.37 billion euros driven by an upturn in sales in Europe, an acceleration in America and a sustained dynamic in Asia

Hermès opens its 19th leather workshop

Sep 22, 2021 / France
The Maroquinerie de Guyenne, located in the village of Saint-Vincent-de-Paul, in the French department of Gironde, will at length create 260 jobs. The new facility is part of Hermès strategy of strengthening its role as a socially responsible company

Hermès opens apprenticeship training centre

Sep 16, 2021 / France
The École Hermès des savoir-faire, now open within the leather workshop of Fitilieu, welcomes applicants from all backgrounds who aspire to develop their craftsmanship in leather work. The course is accredited by the French National Education authority

Hermès registers robust sales growth

May 14, 2021 / France
In the first quarter of 2021, the group's consolidated revenue amounted to 2.08 billion euros (44% at constant exchange rates and 38% at current exchange rates), thanks to an outstanding performance in Asia and Japan and the upturn in America

Asian recovery helps Hermès to limit impact of the crisis in 2020

Feb 23, 2021 / France
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe
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