French luxury brand Hermès acquired a minority stake in shoe and accessory brand, Pierre Hardy, in an attempt to strengthen the bonds with its founder Pierre Hardy.
Longer collaboration
Hermès and Pierre Hardy have collaborated for years: the first Hermès collection launched in 2001. Today’s investment is Hermès’ way to support the brand’s growth plans and strengthen the collaboration with the designer even further. “I am delighted with our partnership with Pierre Hardy, which shows how proud we are to support creative talent and incredible expertise as part of this unique tribe that strives for excellence”, Hermès CEO, Axel Dumas, said.
“I am very pleased, and very proud, of our alliance with Hermès, a house which champions the exceptional. It’s the natural extension of 25 years of creative collaboration”, Pierre Hardy said. He is an established name in the shoe industry, gaining notoriety in 1998 when he made is first Christian Dior collection, the start of a 4-year stint with the company. He is often applauded for his influences derived from art and architecture.