PARIS — Shares in Hermès International bumped by the close of trading on Tuesday, following the news that British designer Grace Wales Bonner will take the creative helm of the menswear collection.
Shares ended the day up 1.4 percent on the Paris Bourse, to 2,250 euros per share.
The news of the 35-year-old’s appointment to succeed Véronique Nichanian, who has been with the house for 37 years as fashion’s longest-serving designer. Nichanian announced her departure on Thursday.
Nichanian will present her final collection for the house in January 2026, while Wales Bonner will present her first collection in January 2027, giving the new designer a long runway to ease into her new role.
When Nichanian revealed her departure last Thursday, she said that news on her successor would be a