Hermès: Still Winning, Still Expensive, Still Unbothered. While its luxury rivals are breaking a sweat, Hermès International is gracefully trotting ahead like a well-groomed show horse. Sales soared 18% in the fourth quarter, hitting a casual 4 billion euros because apparently, the ultra-rich are still panic-buying Birkins like it’s a stock market crash.
Meanwhile, competitors like LVMH and Kering had a rougher time. LVMH eked out a 1% growth, while Kering saw a 12% sales drop, possibly because even wealthy shoppers decided they should maybe stop impulse-buying another Gucci bag for their dog.
Analysts had expected Hermès to deliver a solid 11% growth, but the brand casually exceeded expectations—like that one kid in class who claims they didn’t study but still aces the test. Naturally, investors threw a little celebration, sending Hermès shares up 2.1%.
We don’t follow what others are doing,” executive chairman Alex Dumas said Friday after reporting “exceptional” growth in 2021 that pushed the company close to 9 billion euros in revenues.
The French luxury firm posted revenues of 2.37 billion euros in the three months to Sept. 30, up 40.3 percent at constant exchange rates compared with 2019, considered a more reliable benchmark due to the disruption caused by the coronavirus pandemic last year, This represented an increase of 31.2 percent versus 2020.
The figures add to evidence the luxury sector is on the upswing, Hermès reported that first-quarter revenue jumped 44 percent, at constant rates, beating expectations and fueling optimism for leaders in the sector.
Hermès has issued exclusive handbags in aquatic colors, typa Tiffany to mark the renovation of its Rue de Sèvres store, located in a former swimming pool, welcome for breakfast at Sèvrephany.
Are there more fake than real Birkin bags on the market? Twenty-three people were charged, including nine former Hermès employees, the news agency reported. A 41-year-old man was sentenced, in absentia, to six years in prison and fined 1.5 million euros; a warrant has been issued for his arrest. The individual was accused of being the mastermind of the network, which included a workshop in Hong Kong.
Shares in Hermès International dipped in morning trading in Paris on Thursday after the French luxury house reported first-half results that fell below analysts’ expectations, as the widespread closure of stores due to the coronavirus pandemic sharply impacted its business and profitability.
The hermes Virus is back ! In China an Hermès Boutique Made $2.7 Million in One Day After It Reopened. Is it a barometer of things to come in post-pandemic luxury shopping?
Add Hermès to the growing list of fashion brands canceling events due to the coronavirus. The French fashion house has nixed its resort show, which had been scheduled to take place in London on April 28.
Nadège Vanhee-Cybulski decided to pare the women’s wear back to a graphic essence. In keeping with the Hermès 2020 theme, “Innovation in the Making,” she presented a “manifest of purity,” as she called it, on a set of striped vertical bars reminiscent of horse jump poles.
There will be color, teased Axel Dumas, chief executive officer of Hermès International, revealing a few details about plans by the French luxury firm to launch a makeup line next year. Color is the only thing he can analyse!
Hermès held its spring show at the Longchamp racecourse, as did Dior earlier in the week, just to tease Mister Arnault. The two houses made very different uses of the venue. If Dior was your rich gypsy aunt who reads Tarot cards and loves modern dance, Hermès was her richer, snobbier sister, for whom tastefulness is next to godliness. She’s not as much fun as the bohemian, but her cashmere is softer, her Champagne is crisper and you can put money on her horse it always seems to win. 
This week-end, the “Vintage des Collectionneurs d’Hermès” will be held at the Hotel du Louvre. The “Hermès collectors” have now their own trade show. which will feature a multitude of iconic pieces from the luxury house.
Last Wednesday Apple announced a partnership with French luxury leather goods manufacturer Hermès and launches a Hermès leather strap for the Apple Watch.
Orange is a warm, joyful and dynamic color, but it’s also a symbol of luxury and good taste. It is the emblematic color of the Hermès house. Why has this color become the symbol of the fashion house? It’s the circumstances that have made the brand’s image evolve.
Nadège Vanhee is 36 years old. Famous both for her discretion, her talent and her efficiency, she seems to be the right person for that job.
French designer Christophe Lemaire will leave Hermès after presenting his final collection for Spring/Summer 2015 during Paris Fashion Week in October.