Insight Report 3 minutes PremiumHermès Continues Chinese Expansion with E-Commerce Website Launch Coresight Research October 24, 2018 Executive SummaryHermès launched its Chinese e-commerce website on October 17, according to Chinese luxury news site Jing Daily. The new site features a wide assortment of ready-to-wear men’s and women’s apparel as well as accessories and handbags. The launch follows the company’s September announcement that it planned to open its 25th store in China, in Xi’an, Shaanxi Province, as it pursues Chinese luxury shoppers in their own country. Chinese shoppers account for a significant proportion of growth in the global luxury goods sector. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 4: Macy’s To Close Five StoresCES 2023 Wrap-Up: Lots of Gadgets but Less SizzleEarnings Insights 2Q23, Week 5: Burlington, Dollar Tree, Petco and Ulta Beauty Report Strong Results; Foot Locker, Gap, Kohl’s, Macy’s and Nordstrom See Sales Decline1Q23 US Earnings Season Wrap-Up: A Mixed Quarter for Retail Amid Weak Discretionary Demand
