NEW YORK — Hermès is taking its luxury to a new neighborhood.
Today, the company will open a flagship on Broad Street near Wall Street that will offer everything from its famed saddles on which it was founded by Thierry Hermès in 1837 to brightly patterned bikinis designed by the house's creative director for women's ready-to-wear, Jean Paul Gaultier. In its first year, the 4,000-square-foot flagship is expected to generate sales of $20 million.
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)