Shareholders Tag

A drum kit and electric guitars at Hermès International? The French luxury firm opened its annual shareholders’ meeting Thursday morning in Paris with a live performance by five-piece outfit Ishkero. The corporate definitely rocked in 2022 and the primary quarter of 2023, with revenues vaulting 23 percent across all regions and product categories, outpacing its luxury rivals. “We're prone to be less festive,” chief executive officer Axel Dumas deadpanned once the jazz band had been cleared away and he took his seat behind an extended white desk with three other Hermès executives in dark suits. The lads reviewed the corporate’s stellar financials, noting that every of its 19,700 employees received a 4,000-euro bonus for last 12 months, and that the 2022 dividend could...