Hermès International Société en commandite par actions (RMS.PA) designs, manufactures, and retails luxury goods, including leather goods such as handbags, luggage, and small leather items under the Birkin, Kelly, and Evelyne lines; ready-to-wear and accessories featuring silk scarves, ties, and belts; footwear; gloves; perfumes and beauty products like Terre d'Hermès and Twilly d'Hermès; watches through brands including Hermès and La Montre Hermès; and jewelry; as well as home universe products encompassing furniture, textiles, tableware, and decorative items. The company operates through specialized boutiques and selective wholesale channels worldwide, serving high-end clientele in over 50 countries across Europe, Asia-Pacific, the Americas, and other regions. Founded in 1837 and headquartered in Paris, France, Hermès maintains a family-controlled structure with subsidiaries focused on production and distribution in key markets like France, Italy, Switzerland, and Vietnam.
In recent developments, Hermès expanded its production capacity with the inauguration of a new silk accessories workshop in Saint-Vincent-de-Paul, France, in 2024, enhancing its artisan capabilities amid sustained demand. The company reported record sales of €14.5 billion in 2024, driven by strong growth in leather goods (72% of revenue) and Asia-Pacific markets, alongside strategic investments in retail network expansion with over 300 stores globally. No major acquisitions, partnerships, or name changes were announced in the last 1-2 years, reflecting Hermès' focus on organic growth, craftsmanship preservation, and resilience against luxury sector volatility.