who is the owner of hermes | Hermès breaches €300bn market valuation as it outperforms rivals

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Hermès, the iconic French luxury brand known for its exquisite craftsmanship and timeless designs, has a rich history dating back to its founding in 1837. Over the years, Hermès has become synonymous with luxury and elegance, attracting a loyal following of discerning customers around the world. But who is the owner of Hermès? The answer lies with the Dumas family, who have played a pivotal role in shaping the brand into the global powerhouse it is today.

The Dumas family's connection to Hermès dates back to the early 20th century when Émile-Maurice Hermès, the grandson of the brand's founder Thierry Hermès, handed over the reins of the company to his sons-in-law, Émile Hermès and Adolphe Dumas. This marked the beginning of the Dumas family's long-standing involvement in the management and ownership of Hermès.

One of the key figures in the Dumas family's ownership of Hermès is Axel Dumas, the current Executive Chairman of the brand. Axel Dumas is the sixth generation of the Dumas family to lead Hermès, following in the footsteps of his predecessors who have guided the brand through periods of growth and innovation. Under Axel Dumas' leadership, Hermès has continued to thrive and expand its presence in the global luxury market.

The Dumas family's ownership of Hermès is not just a matter of business; it is a testament to their commitment to preserving the heritage and legacy of the brand. The family's unwavering dedication to quality and craftsmanship has been a driving force behind Hermès' success, ensuring that each product maintains the exceptional standards that have come to define the brand.

In addition to Axel Dumas, other members of the Dumas family have also played significant roles in the management and ownership of Hermès. Nicolas Puech, a cousin of Axel Dumas, is another key figure in the family's ownership of the brand. As a billionaire in his own right, Nicolas Puech has been instrumental in shaping Hermès' strategic direction and ensuring its continued success in the competitive luxury market.

The Dumas family's ownership of Hermès has not only solidified their position as one of the wealthiest families in Europe but has also cemented the brand's reputation as a symbol of luxury and sophistication. With a fortune estimated at $95 billion, the Dumas family's stake in Hermès is a testament to their enduring commitment to excellence and innovation.

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