HERMÈS - 2020 Universal registration document

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PRESENTATION OF THE GROUP AND ITS RESULTS REVENUE AND ACTIVITY BY MÉTIER

OTHER PRODUCTS AND BRANDS 1.6.7 In 2020, Other products generated revenue of €218 million, representing a 15.3% decline at constant exchange rates and accounting for 4% of the Group’s total revenue.

Within the workshop, activity remained strong. The teams were kept very busy by the organisation of the presentation in China, as well as by the internal reorganisation of the workspace, the creation of a specific flow for the production of solid silver cutlery and the renovation of the moulds necessary for their manufacture.

CRISTALLERIES SAINT-LOUIS

1.6.7.1

BOOTMAKER JOHN LOBB

1.6.7.3

Cristalleries Saint-Louis once again expanded its lighting offer this year. While the Folia lantern confirms its place as one of the House’s emblematic products, Saint-Louis presents new lights with an IP44 protection rating and therefore suitable for wet rooms (bathrooms, kitchens, terraces, and so forth). An innovation that allows the Royal classic lighting collection to be reinvented as wall lights. The Matrice collection, created in 2013 and inspired by the production unit moulds, also introduces new IP44-rated lights, as well as vases of different sizes. With these additions, Matrice was unveiled at the Paris Déco Home fair in January before being the star of the Dutch Design Week in October. Saint-Louis decided to maintain its presence at this event despite its digitisation in the context of the health crisis, in order to continue to win over Dutch and Scandinavian audiences. The Palace of Versailles and Saint-Louis have also extended their pas de deux : following the Galerie des rois goblets which paid homage to four kings who left their mark on the Château , it is now the queens who are being honoured with the Galerie des reines collection, four stemmed glasses whose cut-glass patterns are inspired by Versailles decorations. A box set, published in preview for the Palace of Versailles, was made available for sale by subscription to benefit the restoration and refurnishing of the Château . Lastly, the internationalisation of Saint-Louis continues with openings and expansions in Shenzhen, China, Riyadh in the Middle East and Dallas in the United States. In 2020, the silversmith Puiforcat continues to enhance its contemporary tableware offering by unveiling new solid silver accessories for spices, the Houlgate table mills. The Granville collection of counter mills is enriched by an oil cruet and a nutmeg mill. The tea and coffee service, a classic silversmith theme, has inspired creations in silver-plated metal and walnut wood whose timeless design is due to the designers of Normal Studio. These pieces attracted the attention of the press, which gave a great deal of attention to this launch, as well as the customers who gave them a warm welcome. The House’s commercial activity was marked by the organisation of a series of presentations in China. The main objective of this project was to offer a selection of fine silversmith items to a new clientele. Successively presented in Guangzhou, Shanghai and Beijing, these predominantly classical pieces have been a great success with Chinese audiences. PUIFORCAT 1.6.7.2

2020 was marked by the health crisis that successively affected all markets. John Lobb nevertheless maintains its strategic path, highlighting the great classics that are the William , Lopez and City models, in the collections, in stores and through communication campaigns. The other highlight of the year was the 75th anniversary of the William double buckle model, named after its creator William Lobb, who custom designed it for his son in 1945. The pinnacle of this celebration is the William 75 signature model, created on the occasion of Saint Crépin, the patron saint of master bootmakers, which John Lobb celebrates every 25 October with the creation of a unique limited-edition model. Made in a single leather lift, very close to the silhouette of the original model, the William 75 is characterised by a spiral pattern, a tone-on-tone calfskin lining, a new buckle and an XXI cross-stitch evoking its vintage. Finally, a specific hand washing method developed by the craftpeople of the Northampton workshop in England gives its leather a unique visual character. Holding Textile Hermès groups together and coordinates under one structure all savoir-faire relating to textile production: from creation to sewing, encompassing weaving, engraving, printing, dyeing and finishing. It serves the Group’s different métiers , as well as external markets such as clothing and interior decoration, in particular with the brands Bucol , Métaphores , Verel de Belval and Le Crin . 2020 was marked by the health crisis which had a profound yet temporary impact on activity volumes in the sector, without however compromising its development. To meet the operational challenges, the real estate investment programme continued. Since 2018, the Silk and Textiles division has launched a large-scale real estate project at the Pierre-Bénite site in the Rhône, with a built surface area of 30,000 m2. This project, driven by the sector’s ambition, is part of the modernisation of infrastructures as well as processes, and focuses on logistics, industrial and tertiary activities. TEXTILES 1.6.7.4

32 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL