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INTRODUCTION

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PREAMBLE

PREAMBLE

• Hermes International S.A., Hermes of Paris, or simply Hermes is a French manufacturer established in 1837, today specializing in leather, luxury goods, and ready-to-wear.

• Founder: Thierry Hermès

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• Founded: 1837, Paris, France

• CEO: Axel Dumas

• Headquarters: Paris, France

•As of 2008, Hermès has 14 product divisions encompassing leather, scarves, ties, men's wear, women's fashion, perfume, watches, stationery, footwear, gloves, enamel, decorative arts, tableware, and jewelry.

•Hermès sales are composed of about 30% leather goods, 15% clothes, 12% scarves, and 43% other wares.

•The company licenses no products and keeps tight control over the design and manufacture of its vast inventory.

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