Paris—After posting record-breaking sales for 2012 in February, Hermès International SCA today reported its slowest revenue … [Read more...]
Patrick Thomas
Executive Appointments at Hermès, Bebe, Crocs, Caché
Axel Dumas to Succeed Thomas as Hermès CEO Paris—Axel Dumas, a sixth generation member of Hermès’ founding family, was … [Read more...]
April 4, 2013 -
Hermès 2012 Profit Beats Expectations and Records
Paris—In marketing terms, Hermès enjoys a place at the top as “absolute luxury.” That rarified niche is proving lucrative, … [Read more...]
March 25, 2013 -
“Defying Gravity” Hermès Q3 Leaps 24.2%
Paris—Unlike luxury brands such as Louis Vuitton and Gucci which has reported slowdowns in sales in recent quarters, Hermès … [Read more...]
November 8, 2012 -
Despite Concerns Over a Luxurygoods Slowdown, Hermès Q2 Sales Beat Estimates
Paris—While pace of its sales may have slowed somewhat in the first half, Hermès reported today that it expects full year sales … [Read more...]
July 19, 2012 -
Hermès Names Family Member to be Next CEO
Paris—Hermès International believes in keeping it in the family which is why the company’s majority shareholders--members of … [Read more...]
May 29, 2012 -
Hermès Q1 Sales Soar, But Gives Cautious Outlook
Paris—Hermès International SCA reported that its first quarter sales soared nearly 22% boost by demand in Asia, Europe and the … [Read more...]
May 3, 2012 -
Hermès Issues Special Dividend as 2011 Profit Spikes
Paris—Shareholders of Hermès International S.C.A. got a double dose of good news last week. The Paris luxurygoods house … [Read more...]
March 26, 2012 -
Hermès Raises Full Year Forecast As Q3 Sales Jump
Paris—With its third quarter sales rising more than 18%, Hermès raised its full year forecast on Friday, saying it expects … [Read more...]
November 7, 2011 -
Hermès Family Shareholders Get OK to Form New Company
Paris—Hermès International’s family majority shareholders got a go ahead today to form a holding company that would thwart … [Read more...]
September 15, 2011 -
Hermès’ Half Year Profit Jumps Nearly 50%
Paris—Hermès posted a 49% rise in first-half net profit, driven by the United States and China, and reiterated its sales and … [Read more...]
August 31, 2011 -
Hermes Lifts Forecast as Half Year Sales Climb
Paris—Reporting that its second quarter sales increased 22%, Hermès raised today its second half forecast, predicting sales … [Read more...]
July 19, 2011 -
