Luxury fashion brand Hermès has recently announced the appointment of two new members to its executive committee. Starting from March 1, Sharon MacBeath, the head of HR, and Agnès de Villers, the CEO of the fragrances & beauty division, will officially join the committee. With this expansion, the committee, which already comprises eight members and CEO Axel Dumas, aims to accommodate the new additions and enhance its capabilities.
Agnès de Villers became part of the Hermès team in 2015 when the company decided to expand its fragrance business. Since then, under de Villers’ leadership, the fragrances & beauty division has experienced substantial growth. In 2020, de Villers successfully launched the beauty products line, which has been instrumental in driving Hermès’ growth. The division contributed €385 million to Hermès’ total revenue of €8.98 billion, accounting for a significant 46%.
Coming from Scotland, Sharon MacBeath joined Hermès in June 2019, bringing with her a strong background in human resources. With previous experience in reputable global corporations within the retail distribution, services, and manufacturing sectors, MacBeath has also served on the group’s supervisory board and governance committees.
The appointment of MacBeath and de Villers to the executive committee is seen as a crucial step in Hermès’ expansion strategy. The brand emphasized that these appointments reflect the committee’s goal to encompass a wide range of professional and personal skills, which will be instrumental in driving the company’s continued success.
Interestingly, this announcement follows Hermès’ recent declaration that 2021 was its best-ever year. The company achieved a net income of €2.445 billion and sales just below €9 billion, surpassing its pre-pandemic projections set for 2024.
Hermès’ ability to adapt to changing market conditions and meet the evolving demands of luxury consumers has contributed to its continuous success and growth. With the expansion of its executive committee, the brand positions itself favorably to drive further innovation and reach even greater heights in the future.
Useful links:
– Hermès Official Website
– Hermès Careers
