Which Company Owns Hermes?

If you’re a fashion enthusiast, you’ve probably heard of the luxury brand Hermes. It’s famous for its high-end handbags, scarves, and other accessories that exude elegance and sophistication. But do you know which company owns Hermes?

Contrary to what many people believe, Hermes is not owned by a large multinational corporation. Instead, it’s a family-owned business that was established in 1837 by Thierry Hermes in Paris, France. The brand has since been passed down through generations of the Hermes family and is currently led by Axel Dumas as the CEO.

One of the reasons why Hermes is so highly regarded in the fashion industry is its commitment to quality and craftsmanship. Each product is meticulously handmade by skilled artisans using only the finest materials, such as leather from Italy and silk from Lyon.

Over the years, Hermes has expanded its product line to include jewelry, watches, home decor items, and even perfumes. Despite this growth, the company remains true to its roots and continues to produce timeless pieces that are designed to last for generations.

In recent years, some changes have happened within the company structure. In 2010 LVMH (Louis Vuitton Moet Hennessy), another French luxury goods conglomerate acquired 17% stake in Hermès International S.A., but this was met with resistance from Hermès family members who didn’t want their brand owned by a large corporation. Eventually LVMH reduced their stake to 8% in 2014 after a long legal battle.

So there you have it – while LVMH does have some ownership interest in Hermes International S., it’s still primarily owned and operated by the Hermes family. This allows them to maintain their brand’s unique identity and keep their focus on creating exceptional products that stand out from other luxury brands.

If you’re someone who appreciates quality craftsmanship and timeless design, then investing in a piece from Hermes is definitely worth considering. With their commitment to excellence and attention to detail, you can be sure that any Hermes product you purchase will be a true masterpiece.