Hermès news and archive

Hermès expands leather goods production with new Normandy workshop

Following a memorable show marked by the farewell of Véronique Nichanian, Hermès is making headlines again by announcing a new leather goods project. The facility will be established in Normandy in France, a region where the luxury group already has several workshops. The new leather goods workshop will be located in the town of Les Andelys, in...

Fashion

Key highlights from Véronique Nichanian's final Hermès menswear collection

Paris, France – A standing ovation and “immense emotion” marked the presentation of French designer Véronique Nichanian’s final Hermès collection on Saturday evening in Paris. After 37 years leading the menswear line, she presented a collection she wanted to be “just like the others”. “It is incredibly emotional. This is not a retrospective, nor...

Retail

Second-hand: The Row follows close behind Hermès and Goyard with 97 percent retention rate

Certain brands stand out as unshakeable pillars in the second-hand fashion market. Hermès immediately comes to mind, with handbags perceived as investments as profitable as prime property. However, this rapidly developing segment also holds surprises. The recent Clair Report, published by resale site Rebag, revealed the impressive performance of...

Fashion

Another original Hermes Birkin bag sells for 2.86 million dollars

A Hermes handbag that once belonged to Jane Birkin was sold for 2.86 million dollars (2.45 million euros) at auction in Abu Dhabi on Friday, just months after the record-breaking sale of her first bag from the French brand, Sotheby's said Tuesday. Hermes first created the design for the British singer and actress in 1984 and it has gone on to...

People

Hermès heir sues LVMH and Bernard Arnault for 14 billion euros

Fifteen years after his raid on Hermès, Bernard Arnault and his LVMH group are caught up in a saga between two French luxury giants: an heir to the accessories specialist, claiming to have been dispossessed of his shares in the family jewel, is demanding 14 billion euros. Nicolas Puech, 82, a Swiss resident, accuses his former wealth manager,...

Featured

Fashion |STUDY

Which luxury handbags have gained the most value between 2020 and 2025?

As gold and silver prices have increased steadily over the last five years, many high-net-worth individuals have been making other strategic investments outside the financial markets. Investing in everything from fine art and rare coins to luxury fashion, a new study from FashioNica, an online platform specializing in the sale of authentic,...

Member

Business

Luxury sector faces dilemma of 'exceptional Maisons' versus groups seeking recovery

The luxury sector is entering a new era of polarisation, according to several recently published articles and market studies. This dynamic now pits two types of players against each other: 'exceptional Maisons', capable of preserving rarity and vertical integration, and multi-brand groups that must redefine their strategy to regain their...

Featured

Fashion

Grace Wales Bonner: A bold new chapter at Hermès menswear

The announcement that Grace Wales Bonner has been appointed Creative Director of menswear at Hermès is not merely another succession in luxury fashion. It is more of a signal. It tells us something about how Hermès sees the future of men’s style, and how it still chooses to operate slightly off the beaten path. Wales Bonner is far from a “safe”...

FeaturedMember

Business

Hermès confirms ambitious growth targets amid economic uncertainty

French luxury group Hermès reported on Wednesday a 5 percent increase in turnover to 3.9 billion euros. The company remains steadfast despite a less favourable environment for the luxury sector in recent quarters. Optimistic outlook The maker of silk scarves and the famous Kelly and Birkin bags remains optimistic about the future. It confirmed...

Featured

People

Hermès appoints Grace Wales Bonner as creative director of men's ready-to-wear

Another shift in the luxury industry. British designer Grace Wales Bonner is joining Hermès, taking over the creative direction of the men's ready-to-wear division, according to a statement from the luxury fashion house. Hermès praises the designer for her “contemporary and innovative approach to menswear” which she has employed and developed...

Featured

Fashion |Opinion

After 37 years at Hermès, Veronique Nichanian leaves a legacy of quiet power

By any measure, 37 years is an extraordinary tenure in fashion. Veronique Nichanian’s departure from Hermès, announced quietly by the house late on Thursday, marks the end of one of the industry’s rarest constants, a creative partnership built on restraint, continuity, and deep respect for materials. Her final show will take place in January,...

Featured

People

The quiet force: How Véronique Nichanian shaped Hermès menswear for almost four decades

In an industry that constantly reinvents itself, Véronique Nichanian has been a calming presence for decades. As the artistic director of menswear at Hermès, she shaped the French luxury fashion house's menswear for almost 40 years. She remained a constant while the fashion world around her changed at an ever-increasing pace. Now, she is...