The luxury label has expanded its capacity with a new plant in the Gironde region, in the village of Saint-Vincent-de-Paul. It is Hermès’s 19th leather goods factory, and will employ 260 workers once fully operational.
Shying away from the oversize installations of previous editions, luxury labels like Gucci, Off-White and Givenchy took advantage of the Milan Design Week to showcase an array of new projects and offbeat initiatives.
The Milanese event was not held in 2020, and will be back on September 5-10 with a new format. Fashion names like Hermès, Missoni and Rick Owens will notably feature at Fuorisalone, the event’s parallel programme.
September’s Paris Fashion Week will feature a total of 92 houses, as Paul Smith and Raf Simons return, and scores of brands plan physical shows on the calendar of the Federation de la Haute Couture et de la Mode.
Dior has once again snatched first place in Launchmetrics’ quarterly list of the top power players in luxury fashion, while Gucci has made solid progress in China as the country leads the sector’s post-pandemic recovery.
After taking a plunge last week following the announcement of China’s wealth redistribution plan, share prices for the leading luxury groups made up some ground earlier this week, though uncertainty lingers.