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2016 REGISTRATION DOCUMENT

HERMÈS INTERNATIONAL

32

OVERVIEW OF THE GROUP

1

PROPERTY

1.6

PROPERTY

In Paris, the Group now occupies office surface of approximately

26,000 m

2

, mainly near its historical registered office of 24, rue du

Faubourg-Saint-Honoré and 19-21, rue Boissy-d’Anglas, which it owns.

Staff are also assigned to office premises in rue de la Ville-l’Évêque and

rue d’Anjou, rented to third parties under commercial leases, and on

a site located at rue du Faubourg-Saint-Antoine, which also houses a

leather goods workshop.

In 2016, in Bobigny, the Group continued the work to increase the size of

its 21,000 m

2

logistical site, which it owns.

In Pantin, Hermès occupies 83,000 m

2

of manufacturing premises

and office space in the town centre, most of which it owns, including

the Jean-Louis Dumas Space, which opened in 2015 and the Cité des

métiers, completed the year before and which won the prix de l’équerre

d’argent 2014.

Concerning the production sites, the Group is the owner of 41 of the

50 units that it operates. (please refer to page 30 for a detailed list).

A new leather goods workshop, located in Franche-Comté, in Héricourt,

opened in2016andphase1of theworks onour future leather goods site

in Normandy located in the Val de Reuil commune is complete.

Hermèsproductsaresoldworldwideviaanetworkof307exclusivestores

(a detailed list is given on pages 25 to 28). Of the 307 Hermès exclu-

sive retail stores throughout the world, 210 are operated as branches.

Most of these are rented under long-term commercial leases intended

primarily to ensure the continuity of operations over time. The Group also

owns the buildings that house certain stores, including those in Paris,

Ginza in Tokyo, Dosan Park in Seoul, The Galleria in Hong Kong, Beverly

Hills in the US and in Geneva, Switzerland. Furthermore, the Group owns

a commercial and office building in London which was acquired in 2009

and is let to an external tenant. The branches are located in the following

geographical areas: 70 in Europe (including 14 in France), 39 in the

Americas (including 27 in the US), 95 in Asia (including 31 in Japan),

and 6 in Oceania.

1.7

FONDATION D’ENTREPRISE

Promoting expertise, supporting design, improving the transfer of

knowledge across the generations, while leaving behind a sustainable

planet for future generations: these have been the objectives of the

Hermès Fondation d’Entreprise since it was set up in 2008. These

causes closely fit the Hermès values and culture, and are applied by the

Foundation to the field of common good and in a flexible way with the

operations specific to the house. Sponsorship is a voluntary initiative

and our discretion is used to gain the efficiency sought from our support.

Far from being content with merely alleviating their difficulties, we are

committed, by working with decision-makers, to support company trans-

formations: this involves taking the time to explore new solutions and to

design new and innovative responses to societal and artistic challen-

ges…We apply these convictions to everything we do: supporting artistic

imagination with critical and enlightened opinions, fostering knowledge

transfer to help young people to build their future, highlighting human abi-

lity to manufacture in an innovative and prospective way using ancestral

expertise, promotingmanual craftsmanshipas a sourceof development.

The Foundation’s daily task is to listen to civil society players who share

the same concerns and play a role in the collective drive towards a more

harmonious world.

The Foundation expresses its various commitments in different ways.

It implements programmes championed directly by its team which aim

to give beneficiaries a fertile context in which to realise their ambitions:

Skills Academy, Prix Émile Hermès, artists’ residences at Hermès manu-

facturing sites and Immersion… Others are initiated in partnership with

general interest bodies with which we share objectives; this was the

case in 2016, with Manufacto, la fabrique des savoir-faire, developed

with the Paris board of education, les Compagnons du devoir and l’école

Camondo (Paris) to raise awareness among children of manual crafts-

manship. Our support for creativity in the area of live spectacle would

be unthinkable without the support of and sharing with institutions such

as the Théâtre de la Cité internationale, le Festival d’Automne and the

Théâtre des Amandiers-Nanterre. Finally, more traditionally, calls for pro-

jects enable us to identify the most relevant stakeholders to deal with

the challenges posed by the assistance programme; such is the case of

H3 in which employees of Hermès can themselves become involved in

solidarity and biodiversity protection initiatives.

Our role it to make it possible to bring projects to life, meet the conditions

necessary to reach their aim, to support the women and men who work

for the common good. The Foundation would not be effective without

their skill and commitment. This involves decision-making and risk-ta-

king, trust and respect, but also optimism for the future, come what may.

This text by Catherine Tsekenis, Director of the Fondation d’Entreprise

Hermès, appears in the complete activity report available at: www.fon- dationdentreprisehermes.org, “The Foundation” section.