Hermes gears up for the future. (French luxury goods company)

WWD | July 13, 1990| | Copyright

Hermes Gears Up For the Future

PARIS - "Time is our greatest weapon," said Jean-Louis Dumas-Hermes, chairman of the 153-year-old Hermes company.

And in an interview here, he proved to be in no hurry when it came to answering questions concerning his company's 35 percent stake in Ilona Gestion and what this will mean to future relationships between Hermes and designer Jean-Louis Scherrer. Ilona Gestion is the holding company Hermes formed this spring with Seibu-Saison to acquire 76.5 percent of Scherrer's businesses - Jean-Louis Scherrer SA and Jean-Louis ...

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