Hermès maintains course in 2014 with a healthy 10 percent increase in its turnover, at constant exchange rates – according to Guillaume de Seynes , managing director manufacturing division & equity investments of the Group of luxury. Interviewed by the German newspaper Handelsblatt , De Seynes said that the House wants to expand in Germany , expanding the spaces in cities where it is already present.
Background guides from the Retail Academy, free to read.
Unit economics
Four-wall margin, occupancy cost ratio, payback period and contribution per square metre — the small set of numbers that decides whether a store network can…
Retail Leadership · 10 min read
Market entry
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
Retail Leadership · 13 min read
Market entry
Ownership rules, entry models, licensing steps and a realistic first-year plan for entering Brunei.
Asia Market Guides · 10 min read
E-commerce
Ship-from-store, click and collect, marketplace fulfilment and live commerce — what each model demands from inventory accuracy, staffing and systems, and whe…
Retail Operations · 11 min read