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ISIN code: FR0000052292
Sector: Non-durable consumer goods
Industry: Clothing/Footwear
Hermès shares have their listing on the Paris Stock Exchange under the ticker RMS.
See the stock's listing history on the Paris Stock Exchange
Company description
Hermès is a French company operating in the fashion industry. Hermès specializes in high fashion and prêt-à-porter, leather goods and bags, home furnishings and accessories, jewellery, perfumes and luxury suitcases.
The French group produces luxury items of all types and is made up of 14 product divisions which respectively deal with leather garments, scarves, ties, men's clothing, women's fashion, perfumes, watches, shoes, gloves, nail polish, decorative arts, stationery, housewares and jewellery. In detail, in percentage terms, the company's turnover is made up of:
- for the 50,1% from products of leather goods and saddlery, bags, suitcases, diaries, writing utensils, saddles, bridles, objects and clothing for riding
- for the 21,1% from heads of clothing, shoes and fashion accessories
- for the 9,9% from articles by silk and textile products other than clothing
- for the 5% dai scents and for the 3% da watch products
- finally, for the 10,9% generated from products of different categories such as jewellery, art de vivre products and table art products.
Among these products, the best known worldwide are probably the silk scarf with dimensions of 90×90 cm on which motifs of different kinds are printed.
In 1993, Hermes was officially listed on the stock exchange under the name of Hermes International. Hermes has accelerated its internationalization by focusing mainly on three geographical areas: Asia-Pacific, Europe and the United States.
According to the data updated at the end of 2020, the capital is divided into the following Hermès shareholders:
-54,2%, belongs to H51 (Hermès family holding)
-12,5%, belongs to the Hermès family (excluding the holding)
-4,91%, belongs to Nicolas Puech (Hermès family)
-1,87%, belongs to the Arnault family (owners of LVMH)
Economic and financial analysis
The history of the Hermès company begins in 1887 when the saddler Thierry Hermes opens a workshop for the production of harnesses and harnesses for horses.
The momentum towards the world of fashion takes place in 1920 when the founder's grandson, Emile Maurice Hermes, begins to produce deerskin clothes. In 1927 the first collection of jewelry inspired by the equestrian world was launched and two years later the first women's collection designed by the stylist Lola Prusac was produced. In 1949 Hermès launches the innovative system "ready made", a form of tailored ready-to-wear, symbolized by the women's dress Hermeselle in printed cotton. The first international success comes in 1956 when the actress Grace Kelly shows off for the cover of Life the leather bag created by the French company and renamed "Kelly" in its name.
Following the death of Emile-Maurice, the management of the company passes to the sons-in-law Robert Dumas and Jean Guerrand. From the end of the 1999s onwards, the Hermès brand underwent great industrial development: the first boutiques of the maison were created and the production of perfumes was also introduced. In 35, Hermès took over XNUMX% of the house Jean Paul Gaultier, resold after the end of the collaboration with Gaultier as the brand's stylist.
Today the executive chairman of the group is Axel dumas, great-granddaughter of the founder and representative of the sixth generation of the Hermès-Dumas family, Mireille Maury is the financial director and the role of artistic director is covered by Pierre-Alexis Dumas (also great-grandson of the founder). The Hermès family still holds a total of 86% of the capital. Maintaining the philosophy of “to innovate in the continuity of tradition, the company intends to remain tied to its origins and to the world of horses. In fact, the maison stands out for its original inspiration from the equestrian world such as the women's bags inspired by horse bags and made famous thanks to Grace Kelly and Jane Birkin (from which the bags took their name). Birkin bags are among the most expensive bags in the world (in 2017 a Birkin was sold for $380).
In 2019, according to the Forbes "World's Most Valuable Brands" ranking, the Hermès brand was positioned in 33rd place. Among the most important collaborations is the one with the US IT giant, Apple Lossless Audio CODEC (ALAC),. The partnership (renewed in 2016) was signed with the aim of developing, manufacturing and marketing Apple Watch watches, with a touch of elegance inspired by the luxury of the Hermès group.
Il turnover of the Hermès group as of 2019 it is 6,88 billion euros noting a growth of +15,38% compared to the previous year and with a net profit of 1,53 billion euro. Hermès currently employs in the world 14.284 employees.
The latest news about Hermès
Stock market closes April 25: US GDP and inflation weigh on Wall Street (Meta down) and disappoint Europe. Milan is declining, luxury is declining
Meta's expenses for AI, the disappointing GDP of the US first quarter and inflation weigh on Wall Street: in cascade, the American data are reflected in the European stock markets which close lower, except for London driven by the maxi offer for Anglo American . In Paris, Hermes retreats (-2,38%). The dollar weakens, oil drops slightly
LVMH, wines weigh on the 2024 quarterly but the stock jumps on the stock market, followed by Adidas. This is why luxury giants are looking to China
All the fashion brands rise on the European stock exchanges. The tip of the balance will be China which this week surprised with a GDP higher than consensus. A flurry of data from the sector is arriving
Hermes: sales up 17,5%. Extraordinary dividend and employee bonuses. Markups on products. The title flies
All sectors are improving, from bags to silks to watches. China does not appear to be a problem
Luxury stocks rise in the wake of Richemont's above-expected sales. Moncler and Cucinelli shine in Milan
The French giants are also on the rise, from LVMH to Kering to Hermes. A breath of fresh air after the burden of recent days due to China
Hermès, the richest family in Europe: in 13 years it has earned 1.000% on the stock market, but now a butler wants a bit of inheritance
In 13 years, the brand has grown on the stock market much more than LVMH (+600%), but it is the Kering dividend that makes luxury soar - The curious dispute over the inheritance of Hermes