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Hermes news and archive

Will demand for It Bags make a return post pandemic?

Sales of handbags saw a sharp decline during the pandemic when stuck at home consumers found expensive bags to be a non-necessity. Despite surging numbers in the resale market for pre-owned luxury, the lifestyle changes brought on by Covid-19 dampened interest in this once booming category. As occasionwear slowly makes its way back to the winter...

Mar 19, 2021

Fashion

Hermès reimagines Victoria travel bag in mushroom "leather"

Hermès has found a “vegan leather” option that is not plastic. The famed luxury label is set to released a reworked version of its Victoria travel bag made from Sylvania materials that were created in partnership with MycoWorks’ Fine Mycelium, a patented cultivation process that uses fungi’s capacity to bind itself to other materials. “MycoWorks...

Mar 12, 2021

Video

Video: Hermès FW21 collection at PFW

In this video, French luxury fashion house Hermès has presented its FW21 collection at Paris Fashion Week (PFW).Watch the video below. Do you want to see more FW21 clothing collections? Click here to view theFashionUnited Marketplace. Video: Hermès via YouTube Photo credit: Hermès, Facebook

Mar 11, 2021

Management

Hermès posts 16 percent revenue growth in Q4

In 2020, the Hermès group’s consolidated revenue reached 6,389 million euros, a 6 percent decrease at constant exchange and 7 percent at current exchange rates. The company said, revenue returned to growth in the second half, with an acceleration in the 4th quarter of 16 percent. The revenue generated in the group’s stores in 2020 was down 2...

Feb 19, 2021

Fashion

Highlights: Paris fashion week mens FW21

Trendstop brings FashionUnited readers the top collections on show at the Fall Winter 2021-22 Paris Men’s Fashion Week. The Paris Fashion Week shows offered up a wealth of art culture influences as designers paid homage to artists they admired or collaborated with them on their projects. The rise of art references underlines the importance of...

Jan 29, 2021

Video

Video: Hermès fall/winter 2021 menswear collection

In this video, french fashion label Hermès has presented its FW21 menswear collection. The collection was made with the intention of committing to reconnect with the movement of the world and the use of lines and colours in the range are there to embody a source of energy.Watch the video below. Do you want to see more FW21 clothing collections?...

Jan 26, 2021

People

ANDAM Prize adds Hermès, Kering and LVMH to board

French fashion prize ANDAM has added Hermès executive vice president Guillaume de Seynes, Kering group managing director Jean-François Palus and LVMH fashion group chairman and chief executive officer Sidney Toledano to its board of directors. The three luxury sector heavyweights join ten representatives from public and private sectors of key...

Jan 7, 2021

Business

Some luxury brands are beating Q3 exceptions

Last week LVMH set a precedent for other luxury groups when it posted double digit growth for its fashion and accessories businesses in Q3. While in the first nine months organic revenue declined by 11 percent, due to global lockdown measures and store closures, the third quarter saw a strong rebound in activity, with a growth of 12 percent....

Oct 23, 2020

Management

Hermès reports positive sales momentum in Q3

After a second quarter marked by the health and economic crisis, Hermès said, sales in the third quarter increased 7 percent at constant exchange and 4 percent at current exchange rates driven by positive activity in the group’s stores, up 12 percent at constant exchange, momentum in Asia and an improvement in all other geographical areas. At...

Oct 22, 2020

Business

Ex-Hermes staff convicted for fake handbags

A Paris court on Thursday convicted 10 people, including seven former staff of French luxury house Hermes, for making and selling fake handbags under its coveted Birkin brand. They were handed sentences ranging from six months suspended jail to three years with one year suspended. The highest sentence went to a man considered to be a ringleader,...

Sep 25, 2020

Business

Hermès to ramp up luxury leather goods production

Luxury goods company Hermès is boosting production of their leather goods. The company plans to open a new leather goods workshop in Auvergne in 2025, employing an additional 250 people. The news was reported by WWD. Hermès will work with France’s employment agency to recruit future employees for the new workshop. The employees will begin...

Sep 16, 2020

Retail

Hermes can now deliver to any 3-metre square in the UK using What3Words

Delivery company Hermes is partnering with innovative addressing company What3Words to allow customers to have their orders delivered to an exact 3-metre square, as it looks to offer more accurate deliveries. Hermes, which delivers more than 400 million parcels each year on behalf of some of the UK's largest online retailers including H&M, Next,...

Sep 1, 2020