Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per Business of Fashion ...

The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods company’s controlling family is finally seeing some glimmers of light.

Axel Dumas is a French businessman born in 1970. He is the sixth generation of the Hermès family, a luxury fashion and lifestyle brand founded in 1837.

MILAN — The Agnelli family’s holding Exor N.V. on Tuesday appointed Axel Dumas, chief executive officer of Hermès International, as a non-executive director for a term of one year.

CEO Axel Dumas said selling Birkins to resellers hurts Hermès's bond with real customers. "I pull a face, and I'm not happy," he said about seeing his bags on secondhand marketplaces.

Hermès CEO warns customers about harm of buying used Birkin bags originally appeared on TheStreet. Hermès ( HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a ...

But Axel Dumas, the chief of Hermès, would rather not be compared with the fellow French conglomerate that once tried to buy the Birkin bag maker (and failed).