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Herms - About the company

Herms is a public company based in Paris (France), founded in 1837 by Evan Hyde and Thierry Hermes. It operates as an Internet first brand of jewellery & accessories. Herms has raised an undisclosed amount in funding. The company has 127 active competitors, including 9 funded and 25 that have exited. Its top competitors include companies like Louis Vuitton, Versace and Kering.

Company Details

Hermes is a luxury fashion brand for men & women offering apparel, footwear, jewelry, watches, fragrances, bags, scarves, and accessories. The company sells products through its online platform and offline stores. In 2022, the company recorded annual revenues of $12.19B and a net profit of $3.54B.
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Registered Address
24 Rue du Faubourg Saint-Honoré, 75008 Paris, 8th Arrondissement, France
Key Metrics
Founded Year
1837
Location
Paris, France
Stage
Public
Investors
Ranked
Annual Revenue
€1B+ as on Dec 31, 2024
Employee Count
20,024 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Herms's IPO details

Herms got listed on Aug 27, 1993.
Click here to take a look at Herms's IPO in detail
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Herms's funding and investors

Herms has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Aug 15, 2013 for $*****. 1 investor participated in its latest round. Herms has 4 institutional investors.

Here is the list of recent funding rounds of Herms:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 15, 2013
5312486
Grant (prize money)
5557022
6066705
3141053
1634526
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Herms' founders and board of directors

Founder? Claim Profile
The founders of Herms are Evan Hyde and Thierry Hermes.
Here are the details of Herms' key team members:

Herms' employee count trend

Herms has 20,024 employees as of Sep 26. Here is Herms's employee count trend over the years:
Employee count trend for Herms
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Herms's Competitors and alternates

Top competitors of Herms include Louis Vuitton, Versace and Kering. Here is the list of Top 10 competitors of Herms, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Louis Vuitton
Louis Vuitton
2009, Paris (France), Funding Raised
Brand of fashion accessories
-
60/100
2nd
Logo for Versace
Versace
1978, Milan (Italy), Acquired
Brand of apparel and fashion accessories
$287M
59/100
3rd
Logo for Kering
Kering
1962, Paris (France), Public
Internet first brand of luxury & sports apparel
-
59/100
4th
Logo for Gucci
Gucci
1921, Florence (Italy), Funding Raised
Internet first brand of ready-to-wear clothing, handbags, shoes, and accessories
-
-
57/100
5th
Logo for Saint Laurent
Saint Laurent
1961, Paris (France), Unfunded
Internet first brand of luxury fashion for men and women
-
-
57/100
6th
Logo for Herms
Herms
1837, Paris (France), Public
Internet first brand of jewellery & accessories
-
58/100
7th
Logo for Vince
Vince
2002, New York City (United States), Acquired
Internet first brand of fashion
-
56/100
8th
Logo for LVMH
LVMH
1987, Paris (France), Public
Internet first brand of luxury personal care and fashion products
-
55/100
9th
Logo for X NIHILO
X NIHILO
2013, Paris (France), Seed
Manufacturer of fragrances
$26.8M
54/100
10th
Logo for DIOR
DIOR
1946, Paris (France), Acquired
Brand of casual apparel for men and women
-
53/100
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Looking for more details on Herms's competitors? Click here to see the top ones

Herms's Investments and acquisitions

Herms has made 1 investment in Pierre Hardy and acquired Nateber.ch.

Reports related to Herms

Here is the latest report on Herms's sector:

News related to Herms

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Media has covered Herms for a total of 37 events in the last 1 year, 18 of them have been about company updates and 2 about people movement.
•
Hermès Reopens Store in Rio de JaneiroCpp Luxury•Aug 25, 2026•Herms
•
•
Hermès Reopens Expanded San Diego BoutiqueFashion Network•Jul 17, 2026•Herms
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FAQs about Herms

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