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Hermes International

Companies/France  •  Curated by Admin Timeline.sg

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
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
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
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
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
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
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