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How do hermes make money?

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They move tons of product and accessories. They also have different sources of income from renting to stars and auctions of rare and restored pieces. Hermes in this day and age is an investment more than a liability. read more

Hermes is ultimately owned by the 73-year-old German billionaire Michael Otto and his family, who own the majority of the Otto Group, one of the world’s largest internet retailers. Hermes confirmed it recently cut pay rates by 8% on average across 394 of its 16,500 rounds. read more

The Hermes model offloads all the risk on to the “independent” courier, but the potential reward is absolutely limited. You are responsible for the packages, any problems with the system, your car, paying for your holiday time, covering any sickness. read more

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