Hermès, the iconic French luxury brand known for its exquisite craftsmanship and timeless designs, has long been a symbol of elegance and sophistication. Founded in 1837 by Thierry Hermès, the company has remained a family-owned business for over a century and a half. Today, ownership of Hermès has strategically remained within the Hermès family, with the majority stake held by the Dumas family.
The Dumas family's connection to Hermès dates back to the early 20th century when Émile-Maurice Hermès, the grandson of the founder, handed over the reins of the company to his son-in-law, Robert Dumas. Since then, the Dumas family has played a significant role in shaping the direction and success of the brand, ensuring that Hermès continues to maintain its reputation as one of the world's leading luxury goods companies.
The Dumas family's ownership of Hermès has not only helped to preserve the brand's heritage and tradition but has also been instrumental in driving its growth and success in the highly competitive luxury market. With a keen focus on quality, craftsmanship, and innovation, Hermès has continued to captivate customers around the world and solidify its position as a powerhouse in the industry.
In recent years, Hermès has experienced remarkable growth, with its market value crossing the €300 billion mark and edging closer to its rival, LVMH. This impressive performance can be attributed to the strategic decisions and long-term vision of the Dumas family, who have consistently invested in the brand's expansion and development.
One of the key factors behind Hermès' success is the family's commitment to retaining control of the company and ensuring that its values and principles are upheld. The Dumas family has signaled their plan to maintain a majority stake in Hermès until at least 2041, demonstrating their dedication to preserving the brand's legacy and independence.
The Dumas family's influence on Hermès goes beyond ownership, as they have also been actively involved in the management and leadership of the company. Axel Dumas, a sixth-generation member of the family, currently serves as the Executive Chairman of Hermès, overseeing the brand's strategic direction and guiding its growth in the global market.
The Dumas family's deep connection to Hermès and their unwavering commitment to excellence have been instrumental in shaping the brand's identity and reputation. By staying true to its heritage and values while embracing innovation and modernity, Hermès has managed to capture the hearts of luxury connoisseurs and fashion enthusiasts worldwide.
current url：https://vsbutf.toplimolasvegas.com/global/who-owns-hermes-company-79368