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Hong Kong-listed Prada acquires Fifth Avenue building home to New York flagship store for US$425 Million

The Hong Kong-listed Italian fashion company has been leasing its store in the 12-floor building at 724 Fifth Avenue since 1997.

New yorkUnited statesAndrea guerraTsim sha tsuiCushman wakefieldFifth avenueHong kong listed italianMiddle eastMadison avenueHong kongVia montenapoleoneSha tsuiFifth avenueAndrea guerraEric du halgouetTsim sha tsui

Hermès Expands in Chengdu With Second Location at SKP

The two-floor store sits right at the center of the futuristic high-end luxury mall in the south of the provincial capital of Sichuan.

City ofUnited kingdomTong renTaikoo liLouis vuittonPaul jouveTech industrial development zoneChengdu hi tech industrial development zoneEric du halgouet

Hermes sales beat expectations

Luxury goods firm outshines rivals as it weathers the economic gloom

Îe de franceNew yorkUnited statesFrance generalThomas chauvetLuca solcaMadison avenueVisible alphaHermes salesEric du halgouetUsiness live

Hermes to raise prices 5%-10%

A Birkin 25 handbag in Togo leather will rise in price to €8,140

France generalÎe de franceHermes kellyDeborah aitkenHermes internationalBloomberg intelligenceEric du halgouetBirkin 25Asia pacific regionSotheby 39 sKering saUsiness live

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