PARIS — Hermès International, set to open a four-story Maison in Shanghai on Sept. 12, sounded a sanguine note about the Chinese market amid growing worries the Asian luxury juggernaut is losing steam.
“The fundamentals in China remain strong,” Hermès chief executive officer Axel Dumas told a press conference Friday morning as the luxury firm reported an 8.1 percent bump in first-half net profits.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)