Hermes, the luxury fashion brand known for its iconic Birkin bags and silk scarves, is often associated with France. But is Hermes actually a French brand? The answer may surprise you.
The Origins of Hermes
Hermes was founded in 1837 by Thierry Hermes in Paris, France. Initially, the brand specialized in crafting high-quality harnesses and bridles for horses. However, over time, Hermes expanded into creating leather goods such as handbags and wallets.
The Global Presence of Hermes
Today, Hermes has a global presence with stores located all around the world. In addition to its headquarters in Paris, the brand has manufacturing facilities in various countries including Spain and Italy. It also sources materials from other countries such as Switzerland for its watchmaking division.
The Ownership of Hermes
Despite being founded in France, the ownership of Hermes is not entirely French. In 2010, French luxury conglomerate LVMH Moet Hennessy Louis Vuitton attempted to acquire a controlling stake in the brand. However, this move was met with resistance from members of the Hermes family who still owned a significant portion of the company’s shares.
The Shareholders of Hermes
As of 2021, approximately 80% of Hermes shares are still held by members of the founding family. This means that even though LVMH owns a minority stake in the company, it does not have control over its operations.
- Emile-Maurice Hermès – Chairman until 1951
- Robert Dumas-Hermès – Chairman from 1951 to 1978
- Jean-Louis Dumas – Chairman from 1978 to 2006
- Axel Dumas – Current CEO since 2013
Conclusion
In conclusion, while Hermes was founded in France and still maintains its headquarters there, the ownership of the brand is not solely French. With a global presence and shareholders from around the world, Hermes can be considered an international brand with a rich history rooted in French craftsmanship.
9 Related Question Answers Found
Are you wondering whether Hermes is a French company? Well, the answer is yes! Hermes is a French luxury goods company that has been around for over 180 years.
If you are a fashion enthusiast, you might have heard of the luxury brand Hermes. Founded in 1837 in Paris, France, Hermes has become a prominent name in the fashion industry. But is Hermes a designer brand?
When it comes to high-end luxury brands, Hermes is one of the names that often come up. Known for their iconic Birkin bags and silk scarfs, Hermes has been around since 1837. However, many people are unaware that Hermes also produces watches.
When it comes to luxury watches, there are a few brands that come to mind, such as Rolex, Patek Philippe, and Audemars Piguet. However, there is another brand that has been gaining popularity in recent years – Hermes. But is Hermes truly a luxury watch brand?
Hermes is a brand that is known for its luxury products and accessories. It is a French company that was established in 1837 and has been producing high-end goods ever since. However, there is some confusion among consumers about whether Hermes is a jewelry brand or not.
Hermes is a brand that has been around for over 180 years. It is well-known for its luxury goods, including handbags, silk scarves, and perfumes. However, many people wonder if Hermes is also a clothing brand.
Hermes Paris is a luxury brand that has been around for over 180 years. It is known for its high-quality products, exquisite craftsmanship, and timeless designs. Despite being a popular brand, there are often debates about whether Hermes Paris is worth the investment.
Many people may assume that the name Hermes is French due to its association with the luxury fashion brand, Hermès. However, the origins of the name Hermes go beyond just one brand. Origins of the Name Hermes
The name Hermes comes from Greek mythology, where Hermes was the god of commerce, communication, and thievery.
Hermes is a luxury fashion brand that has been around for over 180 years. The French fashion house is known for its high-end leather goods, including handbags, belts, and shoes. However, many people are left wondering if Hermes is a shoe brand.
