France
Marseille court unpacks Hermès handbag markups
A French court has aired its estimate of Hermès's margins on its top bags in a counterfeit goods ruling.
Hermès was founded in 1837 by Thierry Hermès and specialises in leather goods, ready-to-wear, perfume, watches and home goods. Although still owned by the Hermès family, the group is managed by Axel Dumas.