Who Owns Hermes Philippines?

Hermes is a luxury fashion brand that has gained immense popularity all over the world. The brand is known for its high-end products, including bags, scarfs, clothes, and accessories.

It is one of the most coveted luxury brands with a rich history and a massive fan following. While the brand has been around for decades, many people are still unaware of who owns Hermes Philippines.

The ownership of Hermes Philippines can be traced back to the parent company, Hermes International S.A. The company was founded by Thierry Hermes in 1837 in Paris, France. Today, the brand is still owned by the Hermes family who holds around 70% of shares in the company.

Hermes International S.A operates through its subsidiaries in different parts of the world. One such subsidiary is Hermes Philippines which is responsible for bringing some of the best collections from the brand to Filipino customers.

The ownership structure of Hermes International S.A is unique as it has been kept within the family for generations. The current CEO of Hermes International S.A is Axel Dumas who belongs to the sixth generation of Hermès family members to run the business.

What sets Hermes apart from other luxury brands is their focus on quality and craftsmanship. Every product that comes out of their workshop goes through a rigorous process that ensures it meets their standards for excellence. From sourcing materials to crafting each piece by hand, every step in creating a product at Hermes requires attention to detail and precision.

If you’re looking to purchase an authentic Hermes product in Philippines, you can do so at one of their stores located across major cities in Philippines or through their online store. Each product comes with a certificate of authenticity which ensures its genuineness.

In conclusion, while many people may not know who owns Hermes Philippines, it’s clear that this luxury brand continues to thrive under its family-owned structure. With its commitment to quality and craftsmanship, it’s no wonder why so many people covet Hermes products. So, if you’re in the market for a luxury item, consider investing in a piece from Hermes and take comfort knowing you’re supporting a brand that has been around for generations.