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“French know-how is sought after by our customers around the world, particularly in Asia. Herm\u00e8s is a company that has developed in France on the basis of this very old know-how”<\/em>, Guillaume de Seynes<\/strong>, managing director of the Herm\u00e8s group’s upstream division and holdings, told Europe 1.<\/p>\n <\/p>\n Since 2010, Herm\u00e8s’ sales have increased nearly fivefold<\/strong>, reaching 11.6 billion euros in 2022, including 5 billion euros in leather goods.<\/strong> And with sales up 22%<\/strong> year-over-year in the first quarter of 2023<\/a>, Herm\u00e8s continues to grow.<\/p>\n <\/p>\n <\/p>\n Among the products that make the brand successful is its leather goods, which are entirely made in France. Saddlery and leather goods, the company’s core business, accounted for 43 percent<\/strong> of Herm\u00e8s sales in 2022.<\/a><\/p>\n <\/p>\n “We have thousands of artisans throughout France who make our leather goods and we remain attached to this manufacturing model”<\/em>, Guillaume de Seynes explains. “This artisanal model is obviously linked to our history, to the fact that we started with saddlery, then we applied this know-how to leather goods and they are the foundation of the quality of the Herm\u00e8s object, which is still our goal.”<\/em><\/p>\n <\/p>\n <\/p>\n Saddlery and leather goods represent an artisanal know-how<\/strong> to which Herm\u00e8s is strongly attached. And the group also trains its future craftsmen.<\/p>\n <\/p>\n “The way Herm\u00e8s trains this profession is completely different from all others. We wanted to be recognized by the French education system to award a saddlery-maroquin maker’s vocational training certificate and we have CFA status. Now we are going to develop our own school to train future craftsmen”<\/em>, explains Guillaume de Seynes.<\/p>\n <\/p>\n “For leather, we can’t create more than 250 or 300 new jobs per year because it requires a lot of training”<\/em>, said Axel Dumas<\/strong>, the group’s managing director, at the presentation of the annual results.<\/p>\n <\/p>\n <\/p>\n Since 2010, the brand has opened eleven new manufacturing points and increased the number of leather craftsmen to 4,700,<\/strong> to meet the growing demand of customers. Last month, Herm\u00e8s opened its new saddlery workshop in Louviers<\/strong> designed by architect Lina Ghotmeh<\/strong>, which will accommodate up to 280 artisans<\/strong>. Another workshop will be inaugurated next month in the Ardennes leather goods hub, a few miles from Charleville-M\u00e9zi\u00e8res<\/strong>, scheduled to open in 2027<\/strong>.<\/p>\n <\/p>\n <\/p>\n Herm\u00e8s also plans to open three other factories in Tournes-Cliron<\/strong> (Ardennes), Riom<\/strong> (Puy de D\u00f4me), and L’Isle-d’Espagnac<\/strong> (Charente). In 2025<\/strong>, a leather goods factory will join the South-West leather goods manufacturing cluster, which includes the factories in Nontron<\/strong> (24), Montbron<\/strong> (16) and Saint-Junien<\/strong> (87). The new factory in Loupes<\/strong> (33) will make up the Gironde Herm\u00e8s hub, along with the Guyenne leather goods factory<\/a>, which will open in September 2021 and employ more than 200 craftsmen.<\/strong><\/p>\n <\/p>\n The objective of inaugurating one workshop per year is to support the growth<\/strong> of this crucial division in terms of Herm\u00e8s’ business growth and profitability. Its leather bags are indeed the cash cow of the luxury house internationally.<\/p>\n <\/p>\n <\/p>\n Read also >Stock market: Herm\u00e8s\u2019 valuation exceeds 200 billion euros<\/a><\/p>\n <\/p>\n Featured photo : \u00a9 Press[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n Herm\u00e8s<\/strong>, one of the jewels of French luxury, continues to make people dream. For several years now, the brand has been implementing a development plan, focusing on the creation of new factories in France and the transmission of know-how<\/strong>. A success made in France.<\/p>\n <\/p>\n “French know-how is sought after by our customers around the world, particularly in Asia. Herm\u00e8s is a company that has developed in France on the basis of this very old know-how”<\/em>, Guillaume de Seynes<\/strong>, managing director of the Herm\u00e8s group’s upstream division and holdings, told Europe 1.<\/p>\n <\/p>\n Since 2010, Herm\u00e8s’ sales have increased nearly fivefold<\/strong>, reaching 11.6 billion euros in 2022, including 5 billion euros in leather goods.<\/strong> And with sales up 22%<\/strong> year-over-year in the first quarter of 2023<\/a>, Herm\u00e8s continues to grow.<\/p>\n <\/p>\n <\/p>\n Among the products that make the brand successful is its leather goods, which are entirely made in France. Saddlery and leather goods, the company’s core business, accounted for 43 percent<\/strong> of Herm\u00e8s sales in 2022.<\/a><\/p>\n <\/p>\n “We have thousands of artisans throughout France who make our leather goods and we remain attached to this manufacturing model”<\/em>, Guillaume de Seynes explains. “This artisanal model is obviously linked to our history, to the fact that we started with saddlery, then we applied this know-how to leather goods and they are the foundation of the quality of the Herm\u00e8s object, which is still our goal.”<\/em><\/p>\n <\/p>\n <\/p>\n Saddlery and leather goods represent an artisanal know-how<\/strong> to which Herm\u00e8s is strongly attached. And the group also trains its future craftsmen.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n Already have an account ? Please log in<\/b><\/a>.<\/strong><\/p>\n [\/vc_cta][vc_column_text]Featured photo : \u00a9Press [\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n <\/p>\n Herm\u00e8s<\/strong>, one of the jewels of French luxury, continues to make people dream. For several years now, the brand has been implementing a development plan, focusing on the creation of new factories in France and the transmission of know-how<\/strong>. A success made in France.<\/p>\n <\/p>\n “French know-how is sought after by our customers around the world, particularly in Asia. Herm\u00e8s is a company that has developed in France on the basis of this very old know-how”<\/em>, Guillaume de Seynes<\/strong>, managing director of the Herm\u00e8s group’s upstream division and holdings, told Europe 1.<\/p>\n <\/p>\n Since 2010, Herm\u00e8s’ sales have increased nearly fivefold<\/strong>, reaching 11.6 billion euros in 2022, including 5 billion euros in leather goods.<\/strong> And with sales up 22%<\/strong> year-over-year in the first quarter of 2023<\/a>, Herm\u00e8s continues to grow.<\/p>\n <\/p>\n <\/p>\n Among the products that make the brand successful is its leather goods, which are entirely made in France. Saddlery and leather goods, the company’s core business, accounted for 43 percent<\/strong> of Herm\u00e8s sales in 2022.<\/a><\/p>\n <\/p>\n “We have thousands of artisans throughout France who make our leather goods and we remain attached to this manufacturing model”<\/em>, Guillaume de Seynes explains. “This artisanal model is obviously linked to our history, to the fact that we started with saddlery, then we applied this know-how to leather goods and they are the foundation of the quality of the Herm\u00e8s object, which is still our goal.”<\/em><\/p>\n <\/p>\n <\/p>\n Saddlery and leather goods represent an artisanal know-how<\/strong> to which Herm\u00e8s is strongly attached. And the group also trains its future craftsmen.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nPopular leather goods<\/h2>\n
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After a record year in 2022, Herm\u00e8s is continuing to expand with sales growth of 22% in the first quarter of 2023. A key player in the reindustrialization of the luxury goods industry in France, the brand is creating more and more new factories in the country.
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<\/p>\nAfter a record year in 2022, the luxury brand Herm\u00e8s continues to grow with a 22% year-on-year increase in sales in the first quarter of 2023. As a key player in the reindustrialization of the luxury goods industry in France, the brand is creating more and more new factories in France and is reaffirming the transmission of know-how made in France.<\/h4>\n
Popular leather goods<\/h2>\n
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