Hermès - Registration Document 2016

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OVERVIEW OF THE GROUP

ACTIVITY BY SECTOR

Munich and Breuninger in Stuttgart) while an in-store space has opened in the Mandarin Plaza Mall in Kiev.

Thanks to itswatchmanufacturingworkshop in Switzerland, Hermès now manufactures the vast majority of itswatches and components in-house. Its expertise enables Hermès to express more than ever a fresh voice in the watch industry: a unique relationship with time, playing with it but without seeking to control it. It does this while asserting a unique style specific to the house which is invigorated by the other sectors.

1.3.8.2 Puiforcat In 2016, Puiforcat used its creativity to highlight “the art of taste”, rolling out its new wine tasting collection, Puiforcat Orfèvre-Sommelier . This line, which breaks with tradition thanks to its glass without a stem, was designed in partnership with the Italian sommelier Enrico Bernardo. It was used to support the launch, featuring heavily in a series of dinners and tastings for the international press, for partners of the house and for some favoured customers, in Paris then Japan, China, Singapore and the USA. The Puiforcat Orfèvre-Sommelier collection also features in the La Table by Orient Express pop-up restaurant installed in the original carriages of the famous blue train. For several weeks, customers visiting this excep- tional space, which stopped at Paris, Bordeaux and Cannes, tasted the creations of the chef, Yannick Alléno, served at tables fully dressed by Puiforcat. The house also continued to strengthen its commitment to the yachting sector by participating in various events such as theMonaco Yacht Show and the International Boat Show at Fort Lauderdale. All of these occa- sions provided opportunities to showcase the collections, in particular the unique tasting experience provided by a metal champagne cup. At the same time, Puiforcat continued to optimise its production division via a range of industrial tool strategies, production and logistics pro- cesses, to maintain the quality upon which its reputation is built. At the end of the year, design fans in New York enjoyed a preview of the Bureau d’Architecte collection of office accessories, designed by archi- tect Joseph Dirand, and unveiled at the salon Art + Design at the Armory Show, in the heart of Manhattan. Bootmaker John Lobb Driven by Paula Gerbase, his artistic director, John Lobb’s dynamic crea- tivity is reflected in a sustained level of activity and a reasoned develop- ment of the offering, to focus efforts on both permanent and seasonal collections, while preserving the hand-crafted quality of his creations. Several new pieces received a particularly warm welcome, such as the summer suede calfskin brogue with a non-lined upper, the Oxford made from a single piece of leather, the relaxed-style sneakers, and the range of stitched models known as storm welt with rubber soles. In response to the permanent pursuit of comfort, the UK workshop in Northampton has developed an innovative Tensile construction, which gives a selection of Goodyear designs increased suppleness, as shown by the padded motif on the inside sole. By Request orders were once again popular among customers seeking specially personalised products. 1.3.8.3

OTHER PRODUCTS AND BRANDS

1.3.8

1.3.8.1 Cristallerie Saint-Louis In 2016, cristallerie Saint-Louis confirmed its strong identity, charac- terised by an audacious, precise size, deep shades, extreme finesse of design and materials. Thanks to a new kiln, the year was particularly colourful. In decoration, the Les Endiablés collection does away with convention. In a surprising combination of colours and gobs, different objects (vases, goblets, candlesticks) in varying sizes suitable for all occasions can be used either way up, depending on the mood of the user. In lighting, the adjustable Arlequin chandeliers are available in three new combinations of colour, intended as shades from the same palette: a brilliant blue, an enchanting amethyst and violet, and an enigmatic black and satin crystal. An exceptional piece, a daring, 18-light cande- labra in chartreuse/amethyst/flannel grey, was unveiled in April at the International Furniture Fair in Milan. The Royal lighting range, characterised by its exceptional options for per- sonalisation (over 15,000 different combinations of sizes, decors and shades), enhances its modularity even further by offering short versions for interiors with lower ceilings. This exclusive service comes with an Ipad® app which makes it easier for the customer to take control of their bespoke project, by simulating – in augmented reality – the integration of the chandelier into a photo of their interior. Colour was also a key feature of the points of sale. A special “pop-up” effect display windowwith a completely white backdrop, the only contrast being provided by the colours of the chandeliers, tableware and orna- ments, was installed in the Paris store on rue Royale, from April to September. It is to be adapted in over ten stores all over the world. The travelling “four seasons” exhibition which brings together exceptio- nal pieces, heritage pieces and permanent collections, began its journey in 2016. New internationalstorescontinuedtoopenthroughout2016.InAsiawith the opening of a pop-up store in ChinaWorld, Beijing, and in-store spaces in three Lane Crawford stores in Hong Kong, and Shinsegae in Seoul. New showrooms opened in several stores: Million Lightings in Singapore, Toyo Kitchen in Nagoya and Osaka. In Beirut, Lebanon, a 100 m 2 store opened in November. In Europe, the collections can now be found in three major German department stores (KDV in Berlin, Oberpollinger in

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2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL