Hermes International: insider trades · France · AMF

About Hermes International

Hermès International is a French luxury house founded in Paris in 1837 by Thierry Hermès, originally as a maker of harnesses and saddlery for equestrian use. The company has remained independent and family-controlled, and over nearly two centuries it has broadened its creative universe while preserving an artisanal, vertically integrated model built on quality, durability, and the transmission of craftsmanship. Today, Hermès is one of the world’s leading luxury groups, supported by a highly selective brand positioning, exceptional desirability, and tightly managed distribution. The group operates across sixteen métiers, spanning several major product categories: leather goods and saddlery, men’s and women’s ready-to-wear, silk and textiles, fashion accessories, footwear, perfumes and beauty, watches, fine jewelry, homeware, and equestrian products. Leather goods and saddlery is the main growth and profit engine, supported by strong demand for iconic bags and high-value handcrafted items. Hermès is also renowned for its ready-to-wear collections, its signature silk scarves, accessories, and a growing presence in watches and jewelry. In 2025, Hermès reported revenue of EUR 16.002 billion, underscoring the resilience of its business model in a challenging global environment. The group employed 26,494 people at the end of December 2025 and posted a restated net cash position of EUR 12.773 billion, highlighting an exceptionally strong balance sheet. Its retail network comprises nearly 300 stores across 45 countries, complemented by its e-commerce platform, while distribution remains deliberately exclusive to preserve scarcity and a premium customer experience. Hermès maintains a strong industrial base in France, where it keeps the majority of its production and training sites. The group has built an extensive system for passing on technical skills, including dedicated training schools, and regularly invests in new leather goods workshops to expand capacity. This combination of craftsmanship, tight control over the value chain, selective international expansion, and financial discipline positions Hermès as a benchmark in global luxury.