Since Thierry Hermès opened the first Hermès factory in 1837, specializing in leather saddles and harnesses for horses, the family business has substantially expanded its product line. The brand is now prized for its ready-to-wear collections, perfumes, and handbags, and is the most trusted luxury brand by consumers worldwide.
Hermes' most popular products are primarily luxury travel bags like the Birkin and Kelly models, named after the famous actresses Jane Birkin and Grace Kelly. As investment pieces, Hermès handbags are also a profitable purchase, yielding around an average 26.7 percent premium on their original retail price. In addition, Hermès is known for its silk scarves. Although its activities have greatly diversified since the 19th century, the group maintains its connection to its roots in the equestrian world, creating the "Saut Hermès", a jumping competition held at the Grand Palais in Paris.
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