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2016 REGISTRATION DOCUMENT

HERMÈS INTERNATIONAL

10

OVERVIEW OF THE GROUP

1

STAGES OF THE GROUP’S HISTORY

1.1

STAGES OF THE GROUP’S HISTORY

SIX GENERATIONS OF CRAFTSMEN

Today, Hermès employs12,834peopleworldwideandhas307exclu-

sivestores, 210ofwhicharedirectly operated. Although it hasachie-

ved international stature, Hermès has never lost its human touch

and continues its tradition of fine craftsmanship.

Thierry Hermès, a harness-maker, set up business in Paris in 1837.

Ever since, his descendants have worked together to develop the

Hermès Group. In 1880, his son transferred the family business to its

now-famous address, 24 Faubourg Saint-Honoré, where he expanded

into saddlery. Soon, he was supplying saddles and harnesses to the

stables of aristocrats all over the world.

In 1918, with the advent of the automobile, the founder’s grandson,

Émile Hermès, foresaw the coming changes in transportation and envi-

sioned new lifestyles. He launched a line of fine leather “saddlestitched”

goods and luggage. The Hermès style was born, and its field of activity

has never ceased to grow.

Émile Hermès also accumulated a private collection of paintings, books

and articles that were to be a source of inspiration for designers. During

the 1950s, Émile Hermès’ sons-in-law, Robert Dumas and Jean-René

Guerrand, continued to diversify operations whilst safeguarding the

brand’s integrity, creating clothing, jewellery, watches, diaries, silk

scarves and more…

Starting in 1978, with the help of other fifth- and sixth-generation

members of the family, Jean-Louis Dumas brought renewed impetus to

Hermès by expanding into new sectors and establishing a global network

of Hermès stores.

28 years later, in2006, he entrusted themanagement to Patrick Thomas

and the company Émile Hermès SARL, while the artistic directorship was

passed on to Pierre-Alexis Dumas in February 2009.

Axel Dumas, a sixth-generation family member, was appointed Executive

Chairman in 2013 alongside Patrick Thomas, who subsequently left his

post in January 2014. Axel Dumas is now in sole charge of the house.

Today, Hermès applies its creativity to a wide range of sectors: leather

goods and saddlery, men’s and women’s ready-to-wear, footwear, belts,

gloves, hats, silks and textiles, jewellery, furniture, furnishing fabrics,

wallpaper, tableware, perfumes, watches and petit h.

International in scope, Hermès is characterised by superlative manufac-

turing inspired by the values of traditional craftsmanship, and remains

a family firm with a uniquely creative spirit that is continuously renewed.

For almost 180 years, Hermès has been creating, inventing and

innovating.

Some of our models enjoy enduring success decades after they were

first designed. Reissued, reinterpreted and reinvented, these timeless

creations forge the identity of Hermès.

1837

s

Harnesses

1867

s

Saddles

Around 1900

s

Haut à courroies

bag, designed by Émile Hermès

1903

s

Rocabar

blanket

1922

s

Belts

1923

s

Two-handled bag

1924

s

Gloves with zipper

Starting in 1925

s

First sports jacket, followed by the development of women’s and

men’s fashions

s

Mallette à coins rapportés

1927

s

Wristwatches

s

Filet de selle

bracelet

1928

s

Ermeto

watch

s

Sac à dépêches

1930

s

Diaries

1937

s

First silk scarves

1938

s

Chaîne d’ancre

bracelet, designed by Robert Dumas

s

First garments with silk scarf patterns