“This complaint relates to the terms in which LVMH became a stakeholder in Hermes International,” Hermes said.
Hermes is to open fewer new stores over the next five years to protect its high-end image from over-exposure in a retail market where being one of the most exclusive brands seems to guarantee smooth sailing through global financial turmoil.
Hermès has created outfits for the French Olympic equestrian show jumping and eventing teams.
The French fashion house has released a sketch, which includes a navy, blazer-style jacket, featuring red lapels.
The piece has been tailored using a light, flexible technical fabric, enabling the players to move comfortably.
The Hermes Kelly Picnic Bag preserves the iconic shape of the legendary Kelly Bag and combines the basket wavy art with the leather manufacturer!
The retal price was $10,000 when it was released last year, but now resellers have it listed at over $20,000 for its rarity and collectible status.
Luxury property developer SC Global Developments has unveiled a private apartment decorated by Hermès at its flagship development, The Marq on Paterson Hil in Singapore.
Louis Vuitton, the French maker of laminated canvas handbags, was named the world’s most valuable luxury brand for a seventh consecutive year.
The brand, owned by LVMH, is worth $25.9 billion, a 7 percent increase from 2011, according to Millward Brown Optimor’s 2012 BrandZ study.
Hermes, in which LVMH owns a stake, rose to second place with a value of $19.1 billion, up 61 percent on last year. Rolex, the closely-held Swiss watch brand, was ranked third at $7.17 billion, a 36 percent gain.
Hermès celebrates its 175th anniversary with an exhibition in London illustrating the company’s relationship with leather over the years.
The show is divided into 12 rooms representing various leather collections – including equestrian, travel, handbags and accessories.
On show are bespoke objects from the history of the company – which was founded in 1837 – such as items commissioned by the Duke of Windsor for Wallis Simpson.
Following previous team-ups with the likes of French conceptual artist Daniel Buren, Hermès has announced its latest limited edition scarf collaboration will be with Japanese photographer Hiroshi Sugimoto.
The partnership is in honor of the third edition of the luxury label’s Hermès Editeur project, which intertwines the world of fine arts and crafts with the realm of textiles.
The miniature totes, which are crafted from gold and studded with thousands of precious stones, double up as high jewellery.
Significantly smaller than the popular leather versions, they are designed to be worn as a bracelet, with the handbag strap resting on the wrist.
French luxury group Hermes has posted record sales of 2.8 billion euros ($3.8 billion) in 2011, highlighting the resilience of luxury brands in the face of the weakening global economy.
The group’s sales were up 18.3 percent last year, beating the target of 15-16 percent growth, it said in a statement, and its operating margin was up more than 30 percent.
The famed maker of luxury bags and silk scarves said revenue growth had been led in non-Japan Asia, where sales were up 29 percent, and in the United States, where they were up 26 percent.
Hermès honours the ancient art of straw marquetry, a form of expertise that has become extremely rare, with these two beautifully dialed watches.
Marquetry (also spelled as marqueterie) is the art and craft of applying pieces of veneer to a structure to form decorative patterns, designs or pictures.
Presented for the first time on a watch dial, the Hermès Arceau Marqueterie de Paille watches reflect a highly complex miniaturisation of the marquetry technique.
Hermès has launched a new collection dubbed “Petit h”, a series of “unidentified poetic objects” formed from defective inventory and factory-floor leftovers.
Various artists have created a series of one-of-a-kind handcrafted accessories and toys ranging from leather stuffed animals to porcelain beaded bracelets.
The items are part of the Petit h collection, which is being presented at the Madison Avenue store in New York from November 2 to 23.
Jean-Claude Ellena is a perfumer who never wears perfume, whose tools are pen, paper and memory, and who sees his work as “nose” for the French luxury house Hermes as that of a “scent writer”.
“In a perfect world, I wish perfumes were never worn at all,” smiled the 64-year-old master perfumer as he welcomed AFP to the Hermes workshop, in the pine-clad hills above the bay of Antibes on the Mediterranean coast.
Ellena sees his perfumes as “artworks” — fine art that has sent annual sales at Hermes’ perfume division soaring from 65 million euros when he joined in 2004, to 138 million euros last year.
French luxury goods maker Hermes has launched a limited edition Indian sari range to “connect” with Indian culture as it target buyers in new markets.
Indian women may wear Western dress to the office during the day but for weddings and other formal occasions they often prefer to wear six-yard (five and a half metre) elegantly draped saris, reflecting the strong pull of tradition.
“This is part of our effort to connect to India’s culture and to the tradition of elegance of Indian women,” Bertrand Michaud, president of Hermes India, told AFP.
Hermès, the luxury Parisian fashion house, says it cannot produce enough silk scarfs and luxury handbags to meet soaring demand.
The 174-year-old company, regarded as the must luxurious of the super-luxe labels, announced a 50% jump in first-half profits to €291m due to huge demand for its Kelly and Birkin handbags in the US and Japan, despite the economic downturn.
But Patrick Thomas warned investors that the company would not be able to maintain its stellar performance for the rest of the year because it was running out of stock.