The Luxury Education Foundation will mark its 20th anniversary in 2025 with a series of programs and celebrations culminating in its first gala on May 29 at Christie’s in New York City honoring Robert Chavez, chairman emeritus of Hermès of Paris, Established in 2005 with a single program at Columbia Business School, “The Luxury Approach … Read more
After 25 years in business, Vanessa von Bismarck and Carrie Phillips have had their share of successes, laughs and struggles. To celebrate their company BPCM’s silver anniversary, they threw a party Wednesday night at SOBs, the Varick Street bar that was a popular haunt in the 1990s, and like them has stood the test of … Read more
European luxury brands may have painted themselves into a corner by dramatically raising prices in recent years, spooking aspirational customers — and testing the resolve of devoted clients. “In a sobered-up demand environment, price increases — and higher gross margins — are a concern for all clients. For those who have been priced out for … Read more
PARIS – What luxury slowdown? Hermès International continues to buck the trend and outpace its peers, with sales up 11.3 percent at constant currency in the third quarter to 3.7 billion euros. That puts the Birkin bag maker well ahead of other French luxury goods players, such as Kering, which reported sales down 16 percent, … Read more
NEW YORK — Godefroy de Virieu has proven to be an excellent steward for Hermès’ “Petit h” concept. Petit h traces its history to Pascale Mussard, a sixth-generation member of the Hermès family who played in the company’s store when she was a child. One day, her great uncle, Robert Dumas, brought her into the … Read more
A PETA protester disrupted the Hermès show Saturday afternoon, although it went unnoticed by most of the crowd at the Garde Republicaine, which had been transformed into a maze of rooms using wood-framed canvas screens and carpeting in the color of the season: rose bougainvillea. Hermès certainly has reason to have a rosy outlook — … Read more
Robert Chavez, executive chairman of Hermès Americas, is headed back to school. He has been named the executive in residence at The Savannah College of Art and Design. He assumes the executive advisory role immediately as SCAD begins its 2024-25 academic year. In his new role, Chavez will travel to all three SCAD locations — … Read more
BOUND FOR MUSIC CITY: Hermès has signed a lease to open an 8,500-square-foot store in Nashville’s Wedgewood-Houston neighborhood. The lease was signed with AJ Capital Partners, a Nashville-based developer, which has been transforming 18 acres of mixed-use real estate in the neighborhood, which is located south of downtown Nashville. The Hermès shop, the French brand’s … Read more
Véronique Nichanian sent out a lineup of bathing beauties for this soft collection inspired by the seaside. Her men were ready to stroll along the boardwalk or ride horses on the beach, and were dressed in sweet pastels, breezy silhouettes, and strappy sandals. The designer was in a dreamy mood, using words like “gentle,” “sweet,” … Read more
As China looks to crack down on social inequality due to challenged economic growth and the pursuit of social stability, local authorities have closed down the social media accounts of three high profile, wealth-flaunting influencers with millions of followers, among others. On Tuesday, three of China’s most talked about gala-attending, high jewelry-buying, Birkin bag-collecting personalities … Read more
