LONDON — Hermès on Thursday said it has purchased the 20,000-square-foot building on New Bond Street that serves as Asprey’s global headquarters and flagship store.
Hermès, which according to London real estate sources paid 73 million pounds, or $117 million at current exchange, said the purchase was a “property investment,” and a spokeswoman denied the French brand was planning to purchase all of Asprey, quashing widespread speculation in the British press.
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)