Hermes Archives - Inside Retail Singapore
Revenue for The Shoppes at Marina Bay Sands set a new record last year as the centre achieved an occupancy rate of 95.4 per cent.
Hermes sales surged 11 per cent in the quarter to September, with all geographical regions performing well.
A Hong Kong property windfall and the Hermes Asia business helped the luxury label set a record profit margin during the first half of this year.
Hermes International reports solid first-quarter sales with China again a hero.
In a switch from business online, handbag reseller LuxLexicon has unveiled its first flagship store at The Centrepoint.
Despite a drop in brand value of 41 per cent, Nike is still way out in front in the Brand Finance Top 50 list of the world’s most valuable apparel brands.
Hermes Asia sales grew 11.3 per cent last year toUS$2.4 billion as the luxury retailer set a new record for gross retail margin.
Asia’s pre-owned luxury fashion market is continuing to grow, with shoes and t-shirts gaining ground, according to retailer Reebonz.
Hermes international sales showed strong growth last year, pushed by an upward curve in Asia.
The Hermes Singapore flagship store has been transformed to spotlight the brand’s home furnishings.
A Hermès Selfridges pop-up in Manchester invites customers to update their silk scarves via washing machines and dip-dying.
Luxury retailer Hermes’ operating margin rose to 34.3 per cent of sales in the first half of this year – a new company record.