Have you ever wondered if Hermes is a public company? Well, the answer is not so straightforward.
Hermes International, commonly known as just Hermes, is a French luxury goods manufacturer that was founded in 1837 by Thierry Hermès. They are well-known for their high-end fashion products such as leather goods, perfumes, accessories, and clothing.
So, is Hermes a public company? The answer is both yes and no. Let me explain.
Firstly, Hermes is a family-owned business with more than 70% of the company’s shares owned by the descendants of Thierry Hermès. Therefore, it can be considered as a private company.
However, Hermes does have publicly traded shares on the Paris stock exchange. This means that while it’s primarily a private company with most of its shares held by the Hermès family, some shares are available to the general public to trade on the stock market.
What does it mean for investors?
If you’re considering investing in Hermes stock, there are some things to keep in mind. While owning even a small portion of a luxury brand like Hermes may sound enticing, it’s important to do your research and understand the risks involved.
One thing to note is that because most of the shares are privately owned by the Hermès family, there may be limited liquidity in trading publicly traded shares. This means that buying or selling shares may be difficult at times due to low trading volumes.
Another thing to consider is that as a luxury brand, Hermes’ stocks may be more sensitive to changes in consumer demand and economic conditions than other industries. This means that investors need to keep an eye on consumer trends and changes in market conditions when making investment decisions.
In conclusion, while Hermes is primarily a family-owned private company with strong ties to its heritage and traditions, it also has publicly traded shares that are available to investors. Whether or not investing in Hermes is a good idea for you ultimately depends on your personal financial goals and risk tolerance.