Hermes to open only 3 new stores in 2015

Given its cautionary strategic business approach for 2015, French luxury giant Hermes has announced it will open only three new stores globally – Porto Cervo (Italy), New York and Mexico City. Hermes will also renovate its stores in Cannes, London, Miami, Seattle and Moscow. The company expects its flagship stores in Paris, Milan and London to attract the highest number of customers in 2015.

Maison Hermes flagship store Shanghai opened 2014