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Hermes International (FRA:HMI) Deferred Policy Acquisition Costs


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What is Hermes International Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Hermes International (FRA:HMI) Business Description

Address
24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.