Hermès International SCA designs, manufactures, and distributes a wide range of luxury products across multiple business segments. The company's core division is Leather Goods and Saddlery, which produces its highly coveted handbags, luggage, and equestrian equipment. Other key segments include Ready-to-wear and Accessories, Silk and Textiles, Perfumes and Beauty, Watches, and Home Products. Hermès operates a tightly controlled global distribution network of company-owned boutiques, ensuring a premium customer experience and strict brand management. The company's competitive position is anchored in its heritage of French craftsmanship, vertical integration, and deliberate scarcity, which affords it exceptional pricing power. Still majority-controlled by the descendants of founder Thierry Hermès, the company maintains a long-term focus on artisanal quality over mass production.