HERMES_REGISTRATION_DOCUMENT_2017

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OVERVIEW OF THE GROUP

ACTIVITY BY SECTOR

Another wink towards this year’s theme, the Japanese designer Daiske Nomura offers, with the Flamboyant web 100 scarf in cashmere and silk, an original exploration of the house’s male codes: equestrian objects from the Emile Hermès collection become the background for a futuristic fabric woven by two robotic spiders. Finally, for autumn-winter, the Double jeu scarf in cashmere and silk is born from a desire to mix the printed and the plain: on one side, a light knit; on the other, the design, Suite et poursuite , by Cyrille Diatkine. OTHER HERMÈS SECTORS TheOther Hermès sectors include Jewellery, theArt of Living and La Table Hermès. In 2017, they achieved revenue of €365 million, representing a 10% rise at constant exchange rates and accounting for 7% of the Group’s total revenue. Jewellery The Chaîne d’ancre Punk jewellery collection, launched in silver at the end of 2016 and offered in gold in spring 2017, establishes itself as a new icon. Pierre Hardy transfigures the iconic by combining it with the safety pin, a simple object and everyday tool, whose pure lines cleverly allow a play between the closures and the manner in which they are worn. In this way, Chaîne d’ancre continues to demonstrate its ability to reinvent itself and to transcend tradition to offer an unexpected contem- porary and elegant composition. Chaîne d’ancre Punk becomes figurative or stylised on necklaces, rings, bracelets and earrings in white gold, pink gold or silver, using diamonds on some exceptional pieces. This collection was unveiled through a staging which was a play on constructing/deconstructing the walls symbolising both change, unen- ding creativity and the creative continuity of Pierre Hardy around the Chaîne d’ancre motif. Art of Living and Hermès Table Arts The Maison Universe range endeavours to be an elegant complement to its clients’ daily lives, including in their intimate living spaces, and aims to create different, remarkable and unusual objects. Furniture and lighting, furnishing fabrics and wallpapers, ornaments and tableware, or personalised creations are some of the objects making a statement by their intelligent uses and the harmonious relationship they have between form, material and function. Combining the creative force with the craftsman’s precise touch, they also stand out for their high quality workmanship. In 2017, theMaison Universe range continued its creative approach and during the Design Week in Milan, presented new collections of items, furniture, textiles and tableware created under the auspices of Deputy Artistic Directors Charlotte Macaux-Perelman and Alexis Fabry. Decor professionals, the press and design buffs particularly noted the Aes bronze table, created by English designers Barber & Osgerby, the Karumi bamboo stools designed by the architect Alvaro Siza, the Lien 1.3.4 1.3.4.1 1.3.4.2

The men’s collection plays with materials and shapes in order to offer different approaches according to the seasons: in summer, supple and light on thin leather soles, or determinedly sporting with calfskin sandals combined with a technical fabric on a sports-style sole. And in winter, firmly anchored on Derby shoes with straps and Licol buc- kles and a rubber and leather sole for a masculine and robust base. Sport has a voice throughout the year with a range of thin or profiled rubber-soled models, playing on multi-material combinations in a range of refreshing colours brightened by reds, cobalt blue or lime yellow. SILK AND TEXTILES Silk and Textiles represent Hermès’ third largest sector, accounting for 10% of sales. In 2017, this sector achieved €534 million in revenue. Women’s silk In2017, the designers increased the number of tributes to objects on the 90 scarf in silk twill: Fouets et badines from the Emile Hermès collection, by Virginie Jamin; samurai armour and its sumptuous armaments for Parures de samouraïs , by Aline Honoré; 19th century paintbox for Les trésors d’un artiste , by Pierre Marie; or Hermès haute bijouterie jewel- lery, redesigned by Florence Manlik in the style of a jewellers’ “ planche d’étude ”, with Étude pour une parure de gala . The Brides de gala design, that is both emblematic of the Hermès scarf and the perfect representation of an equestrian object, was a particular point of focus: treated inaphotographic negative style likeaChinese sha- dow on a beautiful Abeilles printed silk twill, which is interpreted in pastel colours and printed with flowers like an embroidery, or interspersed with small coloured hearts and sold in an orange heart-shaped box! Hermès has enhanced its plain and semi-plain collections in feminine silk, with new scarves covered with dots, stripes and cubes. A new gra- phic style between plain and printed in 70 cm format. The autumn-winter season saw the launch of the new cashmere and printed silk diamond-shaped scarf, representing a first as this format andmaterial had never been put together before. This newproduct which is sweet, feminine and coloured hosts iconic designs that have been reconstructed for the occasion. Men’s silk For many seasons, the 7 cm tie has been confirmed as a new classic. In 2017, it takes the form of woven heavy silk displaying several micro-mo- tifs and venturing with humour into the terrain of the men’s wardrobe: a mischievous character is hidden on its box, which varies according to the model, or is coloured in the 13 shades of denim fabric. For summer, the accessories family welcomes a new format: the 65 silk scarf As light as a breeze, it is notable for the Boubou H designed by Karen Petrossian, who depicts iconic objects from around the house in an exotic highly coloured form. 1.3.3 1.3.3.1 1.3.3.2

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2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL