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The French luxury goods manufacturer Hermès employed a total of * people worldwide in 2024. This would be nearly the number of employees compared to the people employed in 2002. Following the trend set by the growing number of employees, this company, headquartered in the French capital, Paris, also increased its net profit from million euros in 2010 to approximately *** billion euros in 2024. 

France is not the core market of Hermès 

±á±ð°ù³¾Ã¨²õ’ total worldwide revenue leaped from **** billion in 2007 to more than ** billion euros 17 years later, in 2024. It is important to notice that almost half of the worldwide revenue in 2024 was captured in the Asia-Pacific area. A further ***percent of the revenue from Hermès was obtained in the French domestic market.

Other French producers of luxury goods compete with Hermès at a global and French domestic level 

Hermès is not the only well-known successful French luxury goods manufacturer. In the worldwide luxury goods market, brands such as Dior and Chanel represent a strong competition for Hermès. As of December 2024, the House of Dior obtained *percent of its revenue in France . In terms of revenue, Chanel also seemed to be a strong competitor in 2020. While ±á±ð°ù³¾Ã¨²õ’ global value of sales amounted to roughly ***billion of euros in 2022, Chanel’s value of sales corresponded to over ** billion euros .