French luxury goods company Hermès has announced that in the face of the coronavirus crisis, it is closing all its production sites in France until March 30, with the exception of its Hermès Parfums site in Vaudreuil. This site will produce five tons of hand sanitizer to meet France’s urgent requirements, the company said. Hermès has also closed all its stores in France as well as in the Americas and certain other countries in Europe.
Hermès produces hand sanitizer at perfumes plant
Most read
Key Figures
-1%
The drop in luxury product e-commerce sales in mainland China for the year-to-date ending September 2022. Sales came to $1.2bn for the period. This decrease is attributed to economic slowdown and lockdowns in major Chinese cities, with e-commerce sales expected to rise in the fourth quarter. Source: NPD
Editor's picks
Interview
Fedrigoni snaps up Zuber Rieder, continuing acquisition spree
In line with its focus on the luxury labels market, Italian paper and labels group Fedrigoni, owned by private-equity player Bain, has purchased independent French label paper manufacturer Zuber Rieder. Fedrigoni CEO Marco Nespolo tells Luxe[…]
Autajon Group enters South Korea with Pacific Package acquisition
Advertorial
HP: Opening a world of possibilities
