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.
- Website
- www.hermes.com/
- Registered Address
- 24 Rue du Faubourg Saint-Honoré, 75008 Paris, 8th Arrondissement, France
Key Metrics
Founded Year
1837
Location
Paris, France
Stage
Public
Latest Funding Round
Ranked
6th among 127 active competitors
Annual Revenue
€1B+ as on Dec 31, 2024
Employee Count
20,024 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Herms
Herms is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
HERMES INTERNATIONAL CIN: 572 076396 , France, Active | May 21, 1957 | €1B+ (As on Dec 31, 2024) | - | - |
HERMES INDIA RETAIL AND DISTRIBUTORS PRIVATE LIMITED CIN: U52100MH2007PTC432764 , India, Active | May 08, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
COMPTOIR NOUVEAU DE LA PARFUMERIE SA CIN: 0850.924.976 , Belgium, Active | Jan 10, 1998 | - | - | - |
Hermes Baltic CIN: 42403032571 , Latvia, Deadpooled | Feb 13, 2013 | €0 - €1M (As on Dec 31, 2021) | 1 (As on Dec 31, 2021) | - |
Hermes India Retail And Distributorsprivate Limited CIN: U52100DL2007PTC163130 , India, Active | May 07, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2022) | 38 (As on May 01, 2025) | |
HERMES OF PARIS, INC. CIN: 133587711 , United States, Active | Dec 31, 1999 | - | 1421 (As on Dec 31, 2024) | - |
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 |
View details of Herms's funding rounds and investors
Herms' founders and board of directors
Founder? Claim ProfileThe founders of Herms are Evan Hyde and Thierry Hermes.
Here are the details of Herms' key team members:
- Evan Hyde: Co-Founder of Herms.
- Thierry Hermes: Former Founder of Herms.
- Kevin Thorley: CEO of Herms.
View details of Herms's Founder profiles and Board Members
Herms' employee count trend
Herms has 20,024 employees as of Sep 26. Here is Herms's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Louis Vuitton 2009, Paris (France), Funding Raised | Brand of fashion accessories | - | 60/100 | |
2nd | Brand of apparel and fashion accessories | $287M | 59/100 | ||
3rd | Internet first brand of luxury & sports apparel | - | 59/100 | ||
4th | Internet first brand of ready-to-wear clothing, handbags, shoes, and accessories | - | - | 57/100 | |
5th | Saint Laurent 1961, Paris (France), Unfunded | Internet first brand of luxury fashion for men and women | - | - | 57/100 |
6th | Internet first brand of jewellery & accessories | - | 58/100 | ||
7th | Vince 2002, New York City (United States), Acquired | Internet first brand of fashion | - | 56/100 | |
8th | Internet first brand of luxury personal care and fashion products | - | 55/100 | ||
9th | Manufacturer of fragrances | $26.8M | 54/100 | ||
10th | Brand of casual apparel for men and women | - | 53/100 |
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
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.
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Hermès posts 5.5% increase in third-quarter sales, driven by Europe and the AmericasFashion Network•Oct 22, 2026•Herms
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Hermès Presents Spring/Summer 2027 Womenswear Collection with Focus on Leather and Equestrian CodesFashion Network•Oct 05, 2026•Herms
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Hermès Heir Sues LVMH in €14B Lawsuit as 2002 Share Deal SurfacesThe Deep Dive•Sep 17, 2026•LVMH, Herms
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Hermès opens major new London outpost after 17 years of planning and constructionMR Magazine•Aug 11, 2026•Herms
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Middle East Conflict Reshapes Global Luxury Spending; Top Firms Shed BillionsIndiatimes•Aug 01, 2026•LVMH, Kering, Herms
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Hermès Reports Solid First-Half Performance with €8.2 Billion in Revenuehttps://newsnreleases.com•Jul 29, 2026•Herms
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