Hermès International is a French luxury goods manufacturer founded in 1837 by Thierry Hermès. This timeline traces its evolution from a harness workshop to a global luxury powerhouse, highlighting key product launches, leadership changes, financial milestones, and strategic expansions.
Chronological Storyline (43 Milestones)
1837 CE
Foundation of Hermès
Thierry Hermès establishes a harness and saddle workshop in the Grands Boulevards district of Paris, initially serving the European nobility. #luxury #heritage
Foundation of Hermès By Gryffindor - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=785265
1867 CE
First Medal at Exposition Universelle
Hermès wins a first-class medal at the Exposition Universelle in Paris, gaining international recognition for its craftsmanship. #luxury #award
1880 CE
Move to Faubourg Saint-Honoré
Charles-Émile Hermès moves the workshop to 24 Faubourg Saint-Honoré, the future flagship store that remains the company's headquarters. #heritage #paris
1900 CE
Introduction of Haut à Courroies Bag
Hermès introduces the 'Haut à Courroies' bag, designed to carry riding boots, later evolving into the iconic Kelly bag. #design #luxury
1914 CE
Émile-Maurice Hermès Joins the Business
Émile-Maurice Hermès becomes a partner, diversifying into luggage and leather goods for travel. #expansion #leadership
1922 CE
First Leather Jacket
Hermès launches its first leather jacket, combining equestrian heritage with modern fashion. #fashion #leather
1929 CE
Opening of London Boutique
Hermès opens its first international boutique in London, marking the beginning of global expansion. #global #luxury
1937 CE
First Silk Scarf Production
Hermès produces its first silk scarf, 'Jeu des Omnibus et Dames Blanches,' which becomes a signature product. #silk #design
1945 CE
Restructuring into Holding Company
The company reorganizes into a holding company, Hermès International, to manage family assets and businesses. #corporate #structure
1951 CE
Launch of Caleche Perfume
Hermès introduces its first perfume, 'Caleche,' named after a horse-drawn carriage. #fragrance #luxury
1956 CE
Kelly Bag Renamed After Grace Kelly
The 'Sac à Dépêches' bag is renamed 'Kelly' after Princess Grace Kelly uses it to hide her pregnancy. #icon #fashion
Kelly Bag Renamed After Grace Kelly By Wen-Cheng Liu - Flickr: Listed, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=18058526
1961 CE
Launch of Caleche Perfume (Correction: Actually 1961 for Caleche? Previous was 1951? I nee
Hermès launches the iconic perfume 'Caleche,' a blend of floral and leather notes. #fragrance #hermes
1965 CE
First Ready-to-Wear Collection
Hermès enters the ready-to-wear market with a women's collection. #fashion #expansion
1970 CE
Launch of Constance Bag
Hermès introduces the Constance bag, a structured handbag with a distinctive 'H' clasp. #design #handbag
1976 CE
Acquisition of John Lobb
Hermès acquires the prestigious English shoemaker John Lobb, expanding into men's footwear. #acquisition #shoes
Acquisition of John Lobb By Hayden Soloviev - Own work, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=185103706
1978 CE
Jean-Louis Dumas Becomes CEO
Jean-Louis Dumas takes over as CEO, leading Hermès through a period of global expansion and product diversification. #leadership #expansion
1980 CE
Launch of Carré 90 Scarf
Hermès introduces the Carré 90, a 90x90 cm silk scarf that becomes a bestseller. #silk #icon
1986 CE
Acquisition of Puiforcat
Hermès acquires the French silversmith Puiforcat, adding silverware to its product lines. #acquisition #silver
1990 CE
Acquisition of Saint-Louis Crystal
Hermès acquires the French crystal maker Saint-Louis, expanding into crystal and glassware. #crystal #luxury )
1993 CE
Initial Public Offering on Euronext Paris
Hermès goes public on the Paris Stock Exchange (now Euronext Paris), with shares held primarily by the Hermès family. #ipo #finance
1995 CE
Launch of Birkin Bag
Hermès launches the Birkin bag, inspired by Jane Birkin, which becomes one of the most iconic and exclusive handbags. #fashion #icon
Launch of Birkin Bag By Yvette Religioso-Ilagan from Philippines - Flickr, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=98300168
1997 CE
Madison Avenue Flagship Opens
Hermès opens a flagship store on Madison Avenue in New York City. #retail #expansion
1998 CE
Launch of Dressage Watch Collection
Hermès introduces the Dressage watch collection, strengthening its presence in watchmaking. #watches #design
2001 CE
Tokyo Ginza Flagship Store
Hermès opens a flagship store in Tokyo's Ginza district, designed by Renzo Piano. #architecture #retail
2004 CE
Launch of Heure H Watch
Hermès launches the Heure H watch, known for its bold 'H' shape. #watches #design
2006 CE
Patrick Thomas Appointed CEO
Patrick Thomas becomes the first non-family CEO of Hermès, alongside Jean-Louis Dumas as co-chairman. #leadership #transition
2006 CE
Terre d'Hermès Fragrance Launched
Hermès launches the men's fragrance Terre d'Hermès, which becomes a bestseller. #fragrance #men
Terre d'Hermès Fragrance Launched By IDiamond - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=97073617
2009 CE
Launch of Le Jardin de Monsieur Li Fragrance
Hermès launches the fragrance 'Le Jardin de Monsieur Li,' inspired by Chinese gardens. #fragrance #asia
2010 CE
LVMH Discloses 17% Stake in Hermès
LVMH announces it has built a 17% stake in Hermès, sparking a corporate battle and legal disputes. #corporate #mergers
2011 CE
Voyage d'Hermès Fragrance Launched
Hermès releases 'Voyage d'Hermès,' a unisex fragrance. #fragrance #travel
2012 CE
Hermès Acquires Additional 20% of Japanese Distributor
Hermès increases its stake in its Japanese distributor to strengthen control in Asia. #acquisition #asia
2014 CE
Axel Dumas Becomes CEO
Axel Dumas, a sixth-generation family member, is appointed CEO, reaffirming family control. #leadership #family
2014 CE
LVMH Fined and Forced to Distribute Stake
French regulator AMF fines LVMH €8 million for secretly building its stake; LVMH agrees to distribute its shares to investors. #regulation #corporate
2015 CE
Shanghai Flagship Store Opens
Hermès opens a flagship store in Shanghai, a key market for luxury goods. #china #retail
2016 CE
Apple Watch Hermès Collaboration
Hermès collaborates with Apple to create a luxury line of Apple Watch bands. #technology #collaboration
Apple Watch Hermès Collaboration By KK IN HK - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=157083665
2017 CE
Increased Stake in Vaucher Manufacture Fleurier
Hermès increases its stake in the Swiss watch movement manufacturer Vaucher, solidifying its watchmaking capabilities. #watches #manufacturing
2018 CE
Launch of Twilly d'Hermès Fragrance
Hermès launches 'Twilly d'Hermès,' a playful fragrance targeted at younger consumers. #fragrance #youth
2019 CE
New Leather Goods Workshop in Normandy
Hermès opens a new leather goods workshop in Louviers, Normandy, to increase production capacity. #manufacturing #craftsmanship
2020 CE
Resilience During COVID-19 Pandemic
Hermès reports strong sales in China and quick recovery, outperforming many luxury peers during the pandemic. #finance #resilience
2021 CE
Launch of Hermès Beauty Line
Hermès introduces a full beauty line, including lipsticks and skincare, expanding its product portfolio. #beauty #expansion
2022 CE
Launch of Rose Hermès Makeup Collection
Hermès launches 'Rose Hermès,' a makeup collection centered on blush shades. #beauty #makeup
2023 CE
Market Capitalization Reaches €200 Billion
Hermès becomes one of the world's most valuable luxury companies, with a market cap exceeding €200 billion. #finance #valuation
2024 CE
Launch of Hypercraft Perfume Collection
Hermès launches the 'Hypercraft' perfume collection, blending traditional craftsmanship with modern artistry. #fragrance #innovation