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Hermes CEO rules out expanding into eyewear
Hermes eyes 2017 capex of 280-300 million euros - CEO
Hermes International gives 2016 revenue guidance and proposes interim dividend
Hermes International SCA is a France-based company specialized in the design, manufacturing, and marketing of luxury products. The Company reports its businesses into a number segments, including Leather Goods and Saddler, which includes bags, riding, diaries and small leather goods; Ready-to-wear and Accessories, which includes Hermes ready-to-wear for men and women, belts, costume jewellery, gloves, hats and shoes; Other Hermes, which encompasses jewellery and hermes home products, such as the art of living and hermes tableware; Other product segment, which includes the production activities carried out on behalf of non-group brands, as well as the John Lobb, Saint-Louis, Puiforcat and Shang Xia products; Silk and Textiles; Perfumes, and Watches. Apart from France, Hermes International SCA is present in other countries in Europe, Asia and the Americas, among others.
24 rue du Faubourg Saint Honore
Eric de Seynes
Chairman of the Supervisory Board
Co-Chairman of the Executive Committee, Representative of Emile Hermes SARL
Co-Chairman of the Executive Committee
Independent Vice Chairwoman of the Supervisory Board
Dominique Marie Laurence Senequier
Independent Vice Chairwoman of the Supervisory Board
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Luxury handbag maker Hermes International expects first-half operating profits close to the record level reached last year, as Hermes posted solid second quarter sales that augured well for the rest of the luxury sector.
Luxury handbag maker Hermes International <HRMS.PA> reported that sales in the second quarter had grown faster than in the previous three-months, lifted by strong demand in China.
Hermes reported a slowdown in sales growth in the fourth quarter as stocks of its coveted handmade bags ran low, although the French luxury goods maker said margins likely hit a record last year and it remained upbeat for 2018.
French luxury goods maker Hermes , best-known for its coveted handmade bags and squared silk scarves, on Thursday said sales at constant currencies rose 5 percent in the fourth quarter, a slight slowdown from the previous three months.
Luxury handbag maker Hermes said sales growth had accelerated in the third quarter, as demand for its perfume and scarf lines proved particularly strong and its performance in Europe and the Americas improved.
Luxury handbag specialist Hermes on Wednesday said comparable sales in the third quarter rose 11.3 percent from a year earlier, with revenues picking up in its smaller perfumes and scarves units while demand from Asia stayed strong.
Hermes <HRMS.PA>, the French label known for its $10,000-plus Birkin and Kelly bags, plans to add two leather goods workshops in France by 2020 to meet a recovery in demand for luxury goods.
Luxury goods maker Hermes <HRMS.PA> cautioned on Thursday that a strong euro could hamper its ability to maintain record high profitability achieved in the first half as demand recovered.
French luxury goods maker Hermes said on Thursday that its first-half operating margin climbed to an all-time high of 34.3 percent of sales, boosted by favourable foreign exchange hedging contracts set up in 2016.
French luxury goods group Hermes said on Friday it expected first-half 2017 operating profitability to be close to the peak level of 33.9 percent of sales achieved in the first half of 2016, thanks to foreign exchange gains.
French luxury goods group Hermes said on Friday it expected fist-half 2017 operating profitability to be close to the peak of 33.9 percent of sales achieved in the first half 2016 thanks to foreign exchange gains.
Investment advisory firm Hermes EOS has urged Volkswagen <VOWG_p.DE> shareholders not to clear the carmaker's management and supervisory boards from responsibility for actions taken in 2016, citing VW's failure to resolve long-standing corporate governance and transparency...
* Cautions against extrapolating Q1 growth to full year (Adds CEO comment, shares, analyst)
French luxury goods group Hermes said on Thursday that sales growth accelerated in the first quarter, driven by demand from Asian customers, providing further evidence of a broader recovery in the luxury goods industry.
Governance advisor Hermes EOS said on Tuesday it recommended investors oppose the re-election of a Rio Tinto <RIO.L><RIO.AX> executive at this week's shareholder meeting because it said the firm had not done enough to appoint women to the board.
Governance advisor Hermes EOS said on Tuesday it recommended investors oppose the re-election of a Rio Tinto executive at its shareholder meeting this week due to a lack of diversity on the board.
French luxury goods group Hermes <HRMS.PA> said it had started this year on a solid footing after announcing record 2016 profits on Wednesday, providing further evidence of a broader recovery in the luxury goods industry.
French luxury goods group Hermes posted on Wednesday a 13 percent increase in 2016 net profit, providing further evidence of a broader recovery in the luxury goods industry, and reported a record operating profit margin.
* Company keeps financial goals (Adds CEO comments, shares, analyst )
French luxury goods group Hermes <HRMS.PA> said on Wednesday that sales growth rose 6.6 percent in the fourth quarter, at constant exchange rates, coming close to market expectations.
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