Sales Of Hermes Are Completely Closed, And CEO Annual Salary Continues To Rise.

Axel Dumas2013 took over

CEO has set a new record for Hermes, with sales amounting to US $5 billion.

The fastest growing company in the industry.

According to the latest news from Paris media, thanks to the continuous rise of the company's performance, Hermes this year.

The fixed annual salary of Axel Dumas will rise to 1 million 260 thousand euros ($1 million 400 thousand), and its bonus will increase to 1 million 290 thousand euros (1 million 440 thousand US dollars). The annual salary and bonus income of the CEO will exceed 2 million 500 thousand euros per year.

The executive compensation is adjusted by

At a meeting held in March 22nd, the group's board decided that herm herm group, in a document submitted to regulators on Friday, said the pay was based on two indicators including consolidated pre tax profits and corporate turnover.

In addition, the group agrees to pay 24 months' salary if its CEO position is terminated.

Famous for its signature platinum bags and scarves.

Brand Hermes, ignoring the weak economic environment, the group's 2015 profit exceeded expectations.

In its 2015 performance statement, it pointed out that strong sales in Europe and Japan offset China's sluggish sales due to anti-corruption.

Under the leadership of CEO Axel Dumas,

The group's revenue grew by 18% in 2015, 4 billion 840 million euros.

Operating profit increased by 19% to 1 billion 540 million euros, exceeding analysts' expectations of 1 billion 520 million euros.

Group profit margin expanded to 31.8%, after the company warned that profits may be close to 31.5% in 2014.

After encountering anti-corruption policies in China, the industry is facing severe challenges, and luxury goods that can grow up in this environment are definitely the best.

Some analysts say that the Hermes group will be able to get a double harvest of profits and profits. It is undoubtedly a great feat. Hermes is obviously a luxury company that can constantly attract attention from its star products.

It is reported that Hermes group's 2020 revenue target is 6 billion euros.

In 2012, Hermes International Group announced the pfer of management power to

Group founder

The sixth generation of heir Axel Dumas.

Axel Dumas was appointed Group CEO in June 2013.

Axel Dumas is the son of Michel CEO, the former deputy CEO of Hermes, and the nephew of the fifth generation of Jean-Louis Dumas of Hermes. The Axel Dumas has a degree from Paris University of political science and Harvard University. Before joining the family group, she worked in Paris bank, and was an important leather Department in the Hermes group.