The 2000s to today[edit]

Hermès, Madrid, Spain (2016)

In 2003, Margiela left Hermès, and highly controversial Jean-Paul Gaultier, as the head designer,
debuted his first ready-to-wear collection for fall/winter 2004–05.[4][12]
After 28 years as head of the firm, Jean-Louis Dumas retired in January 2006. Known for his charm
and one of Europe's greatest authorities on luxury, he died in 2010 after a long illness.[4] Patrick
Thomas, who had joined the company in 1989 and who had worked with Jean-Louis as the co-CEO
from 2005, replaced him. Thomas became the first non-Hermès family member to head the
company.
In February 2015, Hermès has announced an increase of its turnover of 9.7%, which represents
more than €4 billion in sales.[13]
This increase is internationally visible. In Asia, excluding Japan, where the turnover grew 7%, in
America, with 10% rise, in Europe where it grew 7% growth and generated a good performance in
the group's stores.[14]
In March 2018, Hermès opened its largest, multi-storey shop, in middle east, at The Dubai Mall.[15]
On 17 May 2018, Malaysian police seized 284 luxury bags, believed to be some Hermès handbags
from the former Prime Minister of Malaysia, Dato' Seri Najib Razak's-linked apartments.
In 2019, the brand was ranked 33rd in the Forbes List "World's Most Valuable Brands".[16]