renowned worldwide for its Birkin and Kelly bags continues to report record-breaking financial results the company recorded an 8.5% increase in sales despite a broader slowdown in the global luxury market the new Colombelles facility will become Hermès’ 27th leather goods workshop and is slated to open by 2028.The project adds to three additional workshops already under development in L’Isle-d’Espagnac (Charente) Paris - French luxury group Hermès announced on Tuesday the establishment of a new leather goods workshop in Colombelles (Normandy) “with the creation of 260 artisan jobs in the long term” to support “the success of its leather goods and saddlery collections” which continues to achieve record results and whose sales jumped by 8.5 percent to 4.1 billion euros in the first quarter will open this 27th leather goods workshop “by 2028” This new project is in addition to the three other leather goods projects currently under development in L'Isle d'Espagnac (Charente) Loupes (Gironde) and Charleville-Mézières (Ardennes) “is preparing this new site in Colombelles with the support of the Caen-la-Mer Urban Community Normandie Aménagement and the Colombelles Town Hall” Hermès “will be supported by the École Hermès des savoir-faire the France Travail teams and several local employment partners” “In line with its sustainable development ambitions Hermès will build its new leather goods workshop on a plot belonging to the former site of the Société Métallurgique de Normandie (SMN) a former industrial flagship which operated in Normandy from 1917 to 1993” Hermès has opened 13 leather goods workshops in France since 2010 and states that its leather goods workshops “are all located in France” Hermès achieved another record year with net profit up 6.8 percent to 4.6 billion euros and sales exceeding 15 billion euros (+13 percent) jumped by 16.4 percent to 6.46 billion euros FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result This saves our human journalists time they can spend doing research and writing original articles Articles translated with the help of AI are checked and edited by a human desk editor prior to going online If you have questions or comments about this process email us at info@fashionunited.com This new project is in addition to the three other leather workshop sites currently under development in L’Isle-d’Espagnac (Charente) Loupes (Gironde) and Charleville-Mézières (Ardennes) Hermès reasserts its focus on local employment The Maroquinerie de Colombelles is part of the development of a tenth regional artisanal hub for the Hermès group which currently has leather goods production sites in nine of France’s thirteen regions Hermès is deeply committed to building lasting relationships with its local partners and is preparing for its arrival in Colombelles with the help of the Caen-la-Mer urban community The house will recruit its artisans with the support of the École Hermès des savoir-faire the France Travail employment service and several local employment partners Hermès reaffirms its commitment to education and training In a spirit of mentoring centred around the transmission of know-how and the house’s artisanal culture the Colombelles site will draw on the expertise of the teams at the group’s leather workshops and the École Hermès des savoir-faire which has been recognised as an apprenticeship training centre by the French Ministry of Education since 2021 will train new artisans in close collaboration with the Normandy regional education authority and local vocational training partners In line with its sustainable development ambitions Hermès will build the new leather workshop on a brown- field site previously owned by the société métallurgique de Normandie (SMN) a former jewel in Normandy’s industrial crown that operated in the region from 1917 to 1993 Hermès has opened thirteen leather workshops in France The Maroquinerie de Colombelles will be the house’s 27th leather goods workshop Hermès continues to strengthen its role as a socially responsible company high-quality jobs and reaffirming its willingness to contribute to regional development Search Companies editorial@fibre2fashion.com its loyal fans across every continent would likely be willing to pay 10 to 20 percent more for its creations The price increase will apply only in the United States where it is meant to offset the newly imposed tariffs “The price increase will be implemented only for the U.S. to offset the tariffs that apply only to the U.S Hermès’ executive vice president of finance a conglomerate with 75 luxury brands under its belt the company reported revenues of approximately $4.42 billion (€4.129 billion) Its leather goods sales rose by 10% over the same period Hermès currently commands a market capitalization of approximately $276.3 billion Hermès isn’t chasing growth for the sake of growth “We’re trying to increase production at a rapid pace but we’re sticking to the artisanal model which we believe is synonymous with quality We’re not going to start looking for productivity increases,” said Guillaume de Seynes executive vice president of Hermès’ manufacturing and capital investment division Luxurylaunches.com is an award winning premium lifestyle website It features the latest and the best from the world of extravagance and opulence