{"id":61283,"date":"2026-10-29T10:23:06","date_gmt":"2026-10-29T07:23:06","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=61283"},"modified":"2026-10-29T10:23:06","modified_gmt":"2026-10-29T07:23:06","slug":"hermes","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/hermes\/","title":{"rendered":"Herm\u00e8s: Paris House of Leather Goods, Silk and Craft Objects"},"content":{"rendered":"

Herm\u00e8s International is a French luxury house that makes leather goods, saddlery, ready-to-wear, silk, jewellery, watches, perfume, beauty products and objects for the home. It is based at 24 rue du Faubourg Saint-Honore in Paris and is listed on the Paris stock exchange.<\/p>\n

In 2025 its revenue passed 16 billion euros for the first time, with a recurring operating margin of 41%.<\/p>\n

\"Herm\u00e8s:
The Maison Herm\u00e8s building in Ginza, Tokyo, 2019. Photo: Basile Morin, CC BY-SA 4.0, via Wikimedia Commons<\/figcaption><\/figure>\n

Overview and Founding<\/h3>\n

Herm\u00e8s began in 1837, when the harness-maker Thierry Herm\u00e8s opened a workshop in Paris. For its first decades the business made harnesses and saddles.<\/p>\n

In 1880 the workshops moved to 24 rue du Faubourg Saint-Honore, where an adjoining store opened. The address remains the home of the house today.<\/p>\n

Between the two world wars Herm\u00e8s widened its range as travel changed. In 1922 it obtained exclusive rights in France to the zip fastener, which it used on luggage and bags, and in 1937 it created its first silk scarf.<\/p>\n

The company floated its shares on the stock exchange on 3 June 1993. It describes itself as an independent, family-run house of craftspeople, now led by the sixth generation of the founding family.<\/p>\n

Key Milestones<\/h3>\n