Latest News

Goldman Sachs announces acquisition of United Capital

Daimler Trucks establishes global organisation for highly automated driving

Mercedes-Benz launches new Swiss-made wristwatch collection

Metro Bank suspends commercial property lending following investigations launch

HSBC to add 50 retail wealth management jobs in Singapore to capture wealthy clients

Meet Aston Martin's brand new Bond-themed DBS Superleggera

The Executive Profiles: Exclusive interview with former supermodel Caprice

New Four Seasons private jet takes passengers a luxury round the world adventure for $147,000

Forbes has released its latest World’s Billionaires rich list

French luxury goods group LVMH acquires wine producer Le Château du Galoupet

Ecommerce luxury goods platform ‘The Luxury Closet’ closes £8.5m funding round with expansion to Hong Kong

The Executive Explorer travels around Rome to discover the very best restaurants and hotels in the Eternal City

Rome's world famous Doney Cafe gets an elegant overhaul, with a fresh new menu

And they’re off – celebrities line up for Cheshire Socialites’ Ascot fundraiser

New Lexus UX SUV delivers efficiency and luxury

Creative, slightly outrageous, and a little bit crazy: Metamorfosi. The most experimental Michelin-starred restaurant in Rome

New globetrotting boutique luxury yacht set for 2021 launch

The Westin Excelsior Rome unveils the largest suite in Europe

Grade I listed Hawkstone Hall & Gardens opens doors up to guests

The MB&F LM Split Escapement gets a titanium makeover

Hermès to launch makeup and skincare lines as profits increase

Business / Editors Picks / Featured Articles / Health & Wellbeing / Lifestyle / 26/03/2019

Hermès is set to launch a new skincare and cosmetics range next year as the luxury brand looks to break into the lucrative sector.

As reported by Business of Fashion, the collections will be manufactured in France and Italy and will take an eco-friendly approach using plastic-free packaging.

“It’s quite exciting: It’s a new activity, with all the risks that involves, so we will deploy it progressively, initially in our own stores mainly, in a limited distribution so that we can learn,” chief executive Axel Dumas said this week.

“Obviously, we hope to have the biggest scope possible. We are trying to do it humbly and cautiously, because it’s a big market that’s already full of strong players, and therefore we have to find our place in it.” 

Hermès is no stranger to the cosmetic and skincare world, producing a body balm as well as its well-known range of fragrances – but the announcement this week shows exciting times are ahead for the French brand

Hermès reports profit increase with strong demand from Asia-Pacific sector

The luxury fashion brand also reported a 10% increase in sales for its fourth quarter last year, with revenue in the Asia Pacific rising faster compared to the previous three months.

Hermès’ recurring operating income increased by 6% to just over €2bn during the year, while net profit rose 15% to €1.4bn. The company has almost matched last year’s all-time high operating margin, reporting 34.3% for last year’s final quarter.

On a call with reporters, Dumas said Hermès will keep their “confidence for the future.”




Jack Bell




Previous Post

Formal dining without the formalities: Adam Reid at The French

Next Post

Ecoventura’s MV Theory successfully completes first maiden voyage in Galapagos Islands




More Stories

Formal dining without the formalities: Adam Reid at The French

With a recent refurbishment and menu revamp, The French has long been established as one of Manchester's most coveted fine...

18/03/2019
Show Buttons
Hide Buttons