HERMÈS - 2019 Universal Registration Document
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OVERVIEW OF THE GROUP CONSTRUCTION
CONSTRUCTION
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In Paris, the Group now occupies office space of approximately 30,000 m 2 mainly near its historical registered office of 24, rue du Faubourg-Saint Honoré and 19-21, rue Boissy-d’Anglas, which it owns. Staff also work in office premises in rue de la Ville-l’Évêque and rue d’Anjou, leased from third parties under commercial leases. In 2019, the Group signed a commercial lease for a new, entirely redesigned office building located on rue de Penthièvre, with a surface area of about 8,200 m². In Bobigny, the Group owns its logistics site, with a total surface area of approximately 31,000 m 2 . In Pantin, Hermès occupies 80,150 m 2 of manufacturing premises and office space, most of which is owned by the Group, including the Espace Jean-Louis Dumas, which opened in 2015, and the Cité des Métiers, which won the Prix de l’Équerre d’Argent 2014. In 2019, the Group signed a commercial lease for a new, entirely redesigned office building in Pré-Saint-Gervais, giving an additional surface area of 6,600 m². Having passed the 10-year milestone in 2018, the Foundation proved itself to be fully engaged in 2019 on its third mandate, with the renewed confidence of the House’s senior executives. Backed by a decade of actions, support and production initiatives, it now enjoys full recognition, giving it a pivotal role in social, cultural, and environmental sponsorship in France. This is a role it is keen to assume quietly: not tied to a specific place of operation, it works pro-actively in situ , alongside its beneficiaries focusing on the precise needs of each project. In this, the Foundation further upholds the humanist values of Hermès, paying special attention to the world around it and the fulfilment of everyone through public interest initiatives. At the same time, it takes ownership, in the name of the House, of the bold choices made and sets itself to its task with conviction, whether this implies demanding creative efforts or societal causes of clear urgency. In 2019, it was a natural move for the Foundation to be more in touch with society, and work with those who are active on the ground. For this purpose, programmes have been intensified, such as its work for the preservation of biodiversity and ecosystems. In addition to its continued support for WWF France, the Foundation is now assisting two major projects on which it can take effective action at two levels: Atelier Paysan, to support operators in the agro-ecology sector in designing environmentally friendly tools, and Vigie-Nature École, a project for the Muséum National d’Histoire Naturelle, involving data collection for researchers and awareness creation among young people about the fragility of the living species around us. It is this same concern for efficiency that led the Foundation to launch, as part of the Artists in the Community, a scholarship scheme for students enrolled on a higher FONDATION D’ENTREPRISE 1.9
The Group is the owner of 48 of the 55 production units that it operates (please refer to page 36 for a complete list). In 2019, a new leather workshop, which includes a training school, was inaugurated in Fitilieu, in Isère. Hermès products are sold worldwide through 311 exclusive stores (a complete list is provided on pages 31 to 33). Of the 311 exclusive Hermès retail stores, 223 are operated as branches. Most are occupied under commercial leases intended primarily to ensure the continuity of operations over time. However, the Group also owns the buildings that house certain stores, including those in Paris, Ginza in Tokyo, Dosan Park in Seoul, Beverly Hills and Geneva. In August 2019, the Group acquired the building of its future flagship store in Sydney where work is currently under way. In London, the Group also owns a commercial and office building purchased in 2009 and leased to an external tenant.
education course in dance or theatre so that they can pursue their studies in better living conditions. Another example is Manufacto, the Skills Factory, in partnership with the Paris education board and the Compagnons du Devoir et du Tour de France, being rolled out in France to increase awareness of pupils of craftsmanship métiers , and extending to rural areas. Whether the objective is to protect the future of our planet or to ensure the fulfilment of everyone, it is more important than ever to act now and in a targeted manner for future generations. In order to align our actions with the needs of beneficiaries, the Foundation assisted other existing programmes that have gained momentum this year. H 3 – Heart, Head, Hand, a programme conducted in-house, has just started its third year enriched by new projects that demonstrate the increasing and collective mobilisation of staff on public interest projects, of which they make the Foundation aware through this programme. Based on the exchange of cross-cutting and forward-looking knowledge, the Skills Academy has expanded its activities, both for a wide, resolutely loyal audience (with an additional morning meeting plus side events), and for academics. This year, 23 craftsmen, designers and engineers were present to brainstorm on the theme of textiles under an enhanced format with more discussion time, visits and a workshop over several sessions to go even further in this collective reflection. A strong impetus was also given to Immersion, a French-American photography commission, thanks to the partnership developed this year with the San Francisco Museum of Art (SFMOMA) and Fondation Henri Cartier-Bresson. Winners are now given the opportunity to display their photographs at an exhibition in each
2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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