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Hermes news and archive

Fashion

Hermès cancels London resort show

Hermès has joined the growing ranks of brands that are cancelling events due to the coronavirus outbreak. The French luxury label has canceled its resort show that was set to take place in London on April 28. “Due to the exceptional health situation, Hermès, concerned with protecting all of its teams and partners and welcoming its guests in the...

11 Mar 2020

Fashion

Gucci cancels May cruise show as coronavirus plays havoc with global fashion weeks

Milan and its outskirts may be the European epicenter of the coronavirus outbreak, but Italian luxury house Gucci is not taking any risks. The Florentine-based company on Tuesday announced it will cancel its cruise show scheduled to take place in San Francisco on 18 May. Versace is also scheduled to show in the USA on 16 May, although the...

3 Mar 2020

Business

Hermès posts sales and profit growth in 2019

The Hermès Group’s consolidated revenue amounted to 6,883 million euros (7,493 million dollars) in 2019, up 15 percent at current exchange and 12 percent at constant exchange rates. The company’s recurring operating income increased 13 percent to 2,339 million euros (2,546 million dollars), while net profit reached 1,528 million euros (1,663...

26 Feb 2020

Business

Hermès revenue grows 15 percent for full year

Hermès reported its net profit for full year climbed on Wednesday. Revenues surged by 15 percent from the same period last year. The company's net profit for full year was 1,528 million euros, surged from 1,405 million euros a year earlier. Furthermore, revenues surged to 6,883 million euros. Hermès International (EPA: RMS) is a French...

26 Feb 2020

Fashion

Hermès launches beauty

Hermès has several claims to fame from its scarves to its legendary Birkin bag, but never has the brand attempted to enter the beauty category. All that is about to change now that the 183-year-old brand has launched a line of lipsticks called Rouge Hermès. The news was reported by Daily Front Row. The collection of 24 colors is inspired by Herm...

16 Jan 2020

Business

French luxury brands see buoyant start to 2020

Luxury groups have started the new decade on a high note. In France, LVMH and Hermès recorded their highest stock value this week. The Louis Vuitton group, which is led by Bernard Arnault, recorded a share price of 423.5 euros, then remained around this quota which capitalised the business at 213 billion. This is up from January 2nd when the...

10 Jan 2020

Fashion

Hermès to show resort collection in London

Hermès will be saying sayonara to Paris for this resort collection season and saying a fashionable hello to London. The Resort 2021 collection is set to debut on April 28. Hermès' women's designer, Nadège Vanhee-Cybulski, has held the last three annual resort shows at the Hermès flagship store on Faubourg Saint-Honoré. This marks the first time...

9 Dec 2019

Fashion

Hermès, Vetements execs to speak at Condé Nast luxury conference

Condé Nast has announced the first roster of industry figures to speak at its upcoming sixth annual Condé Nast Luxury Conference in April. Taking place in Vienna on April 29 and April 30, 2020, the conference will be opened by Natalia Vodianova and hosted by Suzy Menkes, editor for Vogue International. A range of luxury business leaders,...

29 Oct 2019

Business

China demand drives revenue growth at Hermès

The Hermès group’s consolidated revenue amounted to 5,012 million euros (5,578 million dollars) at the end of September 2019, up 16 percent at current exchange and 13 percent at constant exchange rates. The company said, 14 percent sales growth in the group’s stores constant exchange rates, confirms the trends seen over the first six months of...

24 Oct 2019

Business

Hermès H1 turnover improves 15 percent

The Hermès Group’s consolidated revenue amounted to 3,284 million euros (3,623 million dollars) in the first half of 2019, up 15 percent at current exchange rates and 12 percent at constant exchange rates. The company said, recurring operating income increased 15 percent, to reach 1,144 million euros (1,262 million dollars), while net profit...

11 Sep 2019

Business

Hermès posts strong sales growth driven by positive momentum in Asia

Hermès has reported that sales were up 12 percent at constant exchange and 15 percent at current exchange rates to 1,675 million euros (1,874 million dollars) in the second quarter. The group's consolidated revenue amounted to 3,284 million euros (3,674 million dollars) in the first half of 2019, up 12 percent at constant exchange and 15 percent...

23 Jul 2019

Fashion

What to expect in fashion news from week 30, 2019

What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 30th week of the year. Below are the main points from the editorial agenda in the period between 22-28 July, 2019. Pure London (21-23 July) On Sunday the Pure London trade show will be back in the UK capital. Keep an eye...

22 Jul 2019

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