Herm È s announces to enter the beauty industry in 2020

- Feb 20, 2020-

Herm è s plans to launch the skin care and cosmetics line in 2020, which will be developed internally, but mainly manufactured by third-party suppliers in France and Italy. Herm è s's sales grew by 10.4% in 2018 to nearly 6 billion euros. The cosmetics market is huge, but it may be a new challenge for herm è s. Herme è s CEO Axel Dumas explained that the cosmetics market is already full of strong competitors, so the brand wants to develop this range more cautiously.