Hermes North America CEO on U.S. Market, M&A, E-Commerce

The transcript discusses Hermes' current manufacturing operations, emphasizing no plans to move production to the US but highlighting their commitment to expanding their retail network in the country. It explores the customer base, noting a strong local clientele and limited reliance on tourists. The retail strategy focuses on boutique-only sales, avoiding department stores. Financially, Hermes is cash-rich, focusing on reinvestment rather than acquisitions. E-commerce is a significant growth area, with a focus on maintaining in-house control over the online shopping experience.

What is the significance of the downtown location for Ms after September 11th?

How has e-commerce impacted Ms's business strategy?