Hermès - Registration Document 2016

1

OVERVIEW OF THE GROUP

STAGES OF THE GROUP’S HISTORY

1.1

10

Six generations of craftsmen

10

KEY FIGURES

1.2

13

Breakdown of revenue by sector 2016 vs 2015

1.2.1

13

Breakdown of revenue by geographical area 2016 vs 2015

1.2.2

13

Key consolidated data Changes in consolidated revenue

1.2.3

13

1.2.4

14

Change in recurring operating income

14

1.2.5

Change in the number of exclusive retail stores Investments (excluding financial investments) and operating cash flows

1.2.6

14

1.2.7

14

ACTIVITY BY SECTOR

1.3

15

Leather Goods and Saddlery Ready-to-wear and Accessories

1.3.1

15

1.3.2

16

Accessories

1.3.3

17

Silk and Textiles

1.3.4

18

Other Hermès sectors

1.3.5

18

Perfumes Watches

1.3.6

19

1.3.7

19

Other products and brands

1.3.8

20

Partnerships

1.3.9

22

ACTIVITY BY GEOGRAPHIC AREA

1.4

23

Europe

1.4.1

23

Americas

1.4.2

23

Asia-Pacific

1.4.3

24

Hermès points of sale worldwide

1.4.4

25

SIMPLIFIED GROUP ORGANISATIONAL CHART

1.5

29

Overview description of the Group as at 31 December 2016 29

1.5.1

Production facilities

1.5.2

30

PROPERTY

1.6

32

FONDATION D’ENTREPRISE

1.7

32

RISK FACTORS

1.8

33

Risks linked to the operational strategy

1.8.1

33

Financial risks Insurance policy

1.8.2

34

1.8.3

35

2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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