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2016 REGISTRATION DOCUMENT

HERMÈS INTERNATIONAL

20

OVERVIEW OF THE GROUP

1

ACTIVITY BY SECTOR

Thanks to itswatchmanufacturingworkshop in Switzerland, Hermès now

manufactures the vast majority of itswatches and components in-house.

Its expertise enables Hermès to express more than ever a fresh voice

in the watch industry: a unique relationship with time, playing with it but

without seeking to control it. It does this while asserting a unique style

specific to the house which is invigorated by the other sectors.

1.3.8

OTHER PRODUCTS AND BRANDS

1.3.8.1

Cristallerie Saint-Louis

In 2016, cristallerie Saint-Louis confirmed its strong identity, charac-

terised by an audacious, precise size, deep shades, extreme finesse

of design and materials. Thanks to a new kiln, the year was particularly

colourful.

In decoration, the

Les Endiablés

collection does away with convention. In

a surprising combination of colours and gobs, different objects (vases,

goblets, candlesticks) in varying sizes suitable for all occasions can be

used either way up, depending on the mood of the user.

In lighting, the adjustable

Arlequin

chandeliers are available in three

new combinations of colour, intended as shades from the same palette:

a brilliant blue, an enchanting amethyst and violet, and an enigmatic

black and satin crystal. An exceptional piece, a daring, 18-light cande-

labra in chartreuse/amethyst/flannel grey, was unveiled in April at the

International Furniture Fair in Milan.

The

Royal

lighting range, characterised by its exceptional options for per-

sonalisation (over 15,000 different combinations of sizes, decors and

shades), enhances its modularity even further by offering short versions

for interiors with lower ceilings.

This exclusive service comes with an Ipad® app which makes it easier

for the customer to take control of their bespoke project, by simulating

– in augmented reality – the integration of the chandelier into a photo

of their interior.

Colour was also a key feature of the points of sale. A special “pop-up”

effect display windowwith a completely white backdrop, the only contrast

being provided by the colours of the chandeliers, tableware and orna-

ments, was installed in the Paris store on rue Royale, from April to

September. It is to be adapted in over ten stores all over the world.

The travelling “four seasons” exhibition which brings together exceptio-

nal pieces, heritage pieces and permanent collections, began its journey

in 2016.

New internationalstorescontinuedtoopenthroughout2016.InAsiawith

the opening of a pop-up store in ChinaWorld, Beijing, and in-store spaces

in three Lane Crawford stores in Hong Kong, and Shinsegae in Seoul.

New showrooms opened in several stores: Million Lightings in Singapore,

Toyo Kitchen in Nagoya and Osaka. In Beirut, Lebanon, a 100 m

2

store

opened in November. In Europe, the collections can now be found in

three major German department stores (KDV in Berlin, Oberpollinger in

Munich and Breuninger in Stuttgart) while an in-store space has opened

in the Mandarin Plaza Mall in Kiev.

1.3.8.2

Puiforcat

In 2016, Puiforcat used its creativity to highlight “the art of taste”, rolling

out its new wine tasting collection,

Puiforcat Orfèvre-Sommelier

. This

line, which breaks with tradition thanks to its glass without a stem, was

designed in partnership with the Italian sommelier Enrico Bernardo. It

was used to support the launch, featuring heavily in a series of dinners

and tastings for the international press, for partners of the house and

for some favoured customers, in Paris then Japan, China, Singapore and

the USA.

The

Puiforcat Orfèvre-Sommelier

collection also features in the

La Table

by Orient Express

pop-up restaurant installed in the original carriages of

the famous blue train. For several weeks, customers visiting this excep-

tional space, which stopped at Paris, Bordeaux and Cannes, tasted the

creations of the chef, Yannick Alléno, served at tables fully dressed by

Puiforcat.

The house also continued to strengthen its commitment to the yachting

sector by participating in various events such as theMonaco Yacht Show

and the International Boat Show at Fort Lauderdale. All of these occa-

sions provided opportunities to showcase the collections, in particular

the unique tasting experience provided by a metal champagne cup.

At the same time, Puiforcat continued to optimise its production division

via a range of industrial tool strategies, production and logistics pro-

cesses, to maintain the quality upon which its reputation is built.

At the end of the year, design fans in New York enjoyed a preview of the

Bureau d’Architecte

collection of office accessories, designed by archi-

tect Joseph Dirand, and unveiled at the salon Art + Design at the Armory

Show, in the heart of Manhattan.

1.3.8.3

Bootmaker John Lobb

Driven by Paula Gerbase, his artistic director, John Lobb’s dynamic crea-

tivity is reflected in a sustained level of activity and a reasoned develop-

ment of the offering, to focus efforts on both permanent and seasonal

collections, while preserving the hand-crafted quality of his creations.

Several new pieces received a particularly warm welcome, such as the

summer suede calfskin brogue with a non-lined upper, the Oxford made

from a single piece of leather, the relaxed-style sneakers, and the range

of stitched models known as storm welt with rubber soles.

In response to the permanent pursuit of comfort, the UK workshop in

Northampton has developed an innovative Tensile construction, which

gives a selection of Goodyear designs increased suppleness, as shown

by the padded motif on the inside sole.

By Request orders were once again popular among customers seeking

specially personalised products.