Hermes Opens First Men's Store

Hermès has opened its first men's store entirely dedicated to men's ready-to-wear, accessories and art of living. Called Hermès Man, the boutique is located at 690 Madison Avenue in New York at East 62nd Street and stands directly across the street from the U.S. flagship store.
"We felt there was a tremendous opportunity to really showcase all these wonderful products for men that Hermès makes," said Robert Chavez, President and CEO of Hermès USA during an exclusive interview with Luxist. "These products tended to be overshadowed or almost hidden among the other categories across the street. This store will raise the awareness level of our current and potential male clients in this market who might not have realized before that Hermès had all of these products, from our enamel cuff links to the made-to-measure program."
Despite the tough times affecting other retailers, Paris-based Hermès International is a company that performs better than its competition because its customer base includes the super-affluent, many of who have proven to be recession-proof. Indeed, the company recently reported an 8.5% rise in 2009 revenue (11% on an organic basis) attributed to an end-of-the-year increase in sales of its iconic Birkin and Kelly bags. Sales increased by a robust 20% in the Americas, compared to 12% for Asia and 9% in Europe. Revenue for the year rose to EUR1.91 billion from EUR1.76 billion a year ago, outperforming the company's previous target of flat sales. "This is among the best performances posted in the sector," says J.P. Morgan in a research report published this month.
According to Chavez, the Hermès customer is less affected by the recession than the general population, but they are more discerning. "They are not free-spending," he says. "When they do make a purchase, they want something that is more versatile, that will last and endure. Our clients want something that will last them for a long time."
For this discerning customer, the store features an array of merchandise made specifically for the new Hermes boutique. Exclusive items include a selection of silk ties---one with the Statue of Liberty next to the Eiffel Tower on the front---while another has an apple motif and comes in four different colors. On the reverse of the ties, "Hermès Homme" appears, which is a signature for the new line.
Another signature product that is exclusive for the Hermès Man boutique is a handcrafted leather baseball glove, which retails for $8,500. "The baseball glove is a new product," says Chavez. "It has never been made before by Hermes. We thought if we are opening our very first Hermès boutique for men in the world and it is going happen in the United States and in New York City, then we need to make to make a baseball glove. When you think about it---with the leather and the stitching, it is a natural fit for us. When we first saw the glove, we were all taken aback by how beautiful it is. And as fate would have it, as we knew this date was approaching, the New York Yankees won the World Series."
The ground floor of the store offers a comprehensive collection of suits, ties, perfumes, small leather accessories and watches, while the mezzanine will feature knitwear, sportswear, belts, hats and luggage. A more intimate setting showcases the men's suits, shoes and briefcases on the third floor. A quick peak at men's suits revealed prices ranging from $5,500 to $20,700. Stunning crocodile jackets were priced as high as $129,500 and can be custom ordered if a special size or color are desired.
The made-to-measure program is housed on the fourth floor which was designed to evoke the serenity of a private home. Here, clients will select fabric and be fitted for custom suits which are then made in France. The suit will be shipped back to the NYC location and a second fitting will ensue. If any alterations are necessary, they will be done in NYC by Hermès' in-house tailor.
Hermes has long offered a made-to-measure program at its flagship store in New York, but the facility was small. "We offered it across the street, but we really hadn't planned for it," says Chavez. "We took an existing fitting room and transformed it into a made-to measure room. It worked and we were surprised at how much business we were doing out of this little makeshift space. But when this opportunity surfaced, we knew immediately that the fourth floor would become a made-for-measure salon. I think our customers are going to be thrilled."
The 2,450 square foot boutique is the first in the world that Hermès has dedicated to men. The classic brownstone was redesigned by RDAI, the Parisian architectural agency founded by Rena Dumas, and features an interior that is new and contemporary yet borrows from the decorative vocabularies of the traditional tailor's shop and gentlemen's club. Details from the original Hermès store at 24 Faubourg Saint-Honoré are revealed and reworked and paired with the store's streamlined architecture to offer a space that is both elegant and simple.
Chavez recalls that when the call came from a real estate agent that 690 Madison was available, it didn't dawn upon him immediately that the flagship location was directly across the street. Once he realized how close the two stores were, he was eager to lease the entire building.
Another impetus to expanding across the street was the need for more space at the flagship store for the women's lines. Indeed, 62% of Hermès revenues derive from its women's lines while 38% is from its men's lines. "We didn't want to give up our wonderful corner on Madison Avenue," says Chavez. "We love 62nd and Madison."
The entire men's line has been moved to the new space. "There are no men's products across the street at the flagship anymore, with the exception of some unisex products," says Chavez. "Of course, our staff will accommodate any of our clients who need help. If someone needs something across the street, such as a scarf for his wife, our staff will get it for him."
Are there plans to open more Hermès Man locations in the future? "I am sure the company will watch and see what happens here," says Chavez. "If it is a big success, which we are pretty confident it will be, who knows what can happen elsewhere."
To be sure, devoted Hermès clients will likely travel from all over the world to patronize the boutique, for it is the only location that will feature the company's entire line for men. "Several of our made-to-measure clients have already made appointments," says Chavez. "Who knows what can happen going forward."






Reader Comments (Page 1 of 2)
apeachforhours Feb 11th 2010 8:10AM
Some people just have way too much money....
sarah munthe Feb 11th 2010 8:47AM
Hermes is incredibly successful for the quality and workmanship they put into their product. They care about quality not quantity as evidenced by people having to be put on a waiting list to receive some of their breathtaking bags.
Too bad the rest of us didn't operate in the fashion of Hermes; but I suppose that is their secret to success. Congratulations!!!
Greg Feb 11th 2010 9:15AM
Sorry Sarah - I find all of their stuff overpriced and very ugly. It seems there is a threshold of wealth where fashion taste disappears and "paying way too much" seems to equate to "good looking." This stuff is ugly.
sarah munthe Feb 11th 2010 9:35AM
Greg
While many would agree with you; one must admit..... they have done well. My point is that HERMES goal is "quality," and it shows; perhaps other companies such as Toyota should take note. Just a thought.
Regards
Roseann Stella Feb 11th 2010 9:47AM
I agree Greg....I've only been to a HERMES store a few times and each time I felt they were too overpriced and not my style. I'm basically a JCP and MACY shopper myself. On a limited income, I just can't 'go out in style' and don't know why I should when I look just as good in lesser expensive clothing.
mydownthere Feb 11th 2010 10:21AM
Economy downfalls never affect the very rich. It is always middle class people who hurt the most.
jimbo Feb 11th 2010 10:48AM
A hand stitched baseball glove for $8300 ? I have played and taught baseball for fifty years. Still at it. There is only one way to tell if a glove is good. And that is to try it on. I'll bet the one Hermes is selling is not made for the player. I'll bet is is very uncomfortable and the folks who had it put together do not have a clue. The best and most comfortable glove I ever had was given to me by my dad as a confirmation present in 1966. He said I could pick out anything I wanted. So, I chose a US made Rawlings that cost $28. A lot of money for him in those days. It gave me 20 years of excellent, heavy duty service before it was stolen.
hitter7 Feb 11th 2010 12:00PM
Just from looking at it it looks under padded. I think you are right, not for the player. Maybe for someone rich to showcase their Babe Ruth autographed ball or something.
Susan Walsh Feb 11th 2010 11:46AM
The top 1% have a flat tax no matter how many millions (billions) they make. The rest of us pay progressively higher taxes up to $372,950.
Susan Walsh Feb 11th 2010 11:50AM
The top 1% incomes have a flat 35% tax rate while the rest of us pay progressively higher taxes on all of our income. That's a lot of $$$. No wonder they have $ to burn.
bcsoldit Feb 11th 2010 12:45PM
Oh .... why are people jealous of the rich? If it were not for the rich the jealous people would no doubt not have a job! Did you ever work for a poor person...... well????? You shouldn't begruge the rich ... you should research how they did it and work at imulating them ...,
bcsoldit Feb 11th 2010 12:50PM
Oh .... why are people jealous of the rich? If it were not for the
rich the jealous people would no doubt not have a job! Did you ever
work for a poor person...... well????? You shouldn't begruge the
rich ... you should research how they did it and work at imulating
them ...
jim Feb 11th 2010 1:47PM
Why do people begrudge the rich ? Well, there are many reasons. For example, many, many wealthy people hire desperate illegal workers to act as nannies, gardeners, maids, painters, cooks, etc., etc., etc. They pay as cheaply in cash as they can get away with. They cheat and they brag about it. So they can save a few bucks at the expense of people who are trying to work within the system---people who are fully legal and have always been the backbone of this nation. Also, it is well known that many who are wealthy treat those who are not as dirt beneath their feet. There are many more good reasons why the rich are despised more today than ever in this country.
freakyskater156 Feb 11th 2010 12:51PM
i wish i had $8500 to blow on a baseball mitt.
druid0621 Feb 11th 2010 12:59PM
Goody! Now even more people can run up credit card debt. Some people just don't know the value of money.
dillingr13 Feb 11th 2010 1:00PM
ill bring the gator
Charles Stern Feb 11th 2010 1:47PM
Madison Avenue, Fifth Avenue, and Park Avenue designer shops are nothing new. If you ever decide to go shoe/boot shopping in Manhattan, NY like former Secretary of State Condi Rice, you will see all of the Wall Street/banking people shopping at stores like Prada and Barney's New York on Madison Avenue. Put aside $800 to $1,400 for a pair of shoes or boots, and you will see all of the bankers and Wall Street people spending your hard-earned tax dollars. Most of the money, which these people are spending at the designer shops, is your tax dollars at their finest. These miscreants are spending money on designer crap, which should have been spent on education and healthcare. Hey, if you don't have money to shop for shoes and/or boots, then shop for a silk scarf for $300 to $650. Instead of going to your local Louis Vuitton shop, go to Manhattan, NY to purchase your bag. You'll save on sales tax by having the item shipping to your home. If you need a good business shoe, which will last forever, try the shoes and boots at Tanino Christie. They're handmade in Italy. The store is located right down the street from Prada, where one can see all of the young Wall Street people spending your tax dollars on boots, shoes, pocketbooks, and leather jackets -- both young Wall Street men and women. That's your tax dollars! So take a trip to Manhattan, NY for a day to watch your hard-earned dollars at work. Suckers! The people in the defense industry are also using your hard-earned tax dollars to shop on Madison Avenue. Take a day trip and see for yourselves. Again...suckers! Hey, Tea Party people, this is your fault! "I am not my brother's keeper." So why are you handing out your hard-earned dollars for these miscreants to shop till they drop with your money?
jmontgomeryscott Feb 12th 2010 12:06PM
Congratulations to Hermes Hommes! Opening a new store at this time AND in New York City is a stroke of brilliant business acumen. I have to give them credit locating themselves up the avenue from Wall Street and the Financial District thereby making it convenient to stop in on the way home from work and spend their (TARP) bonus money. Funny, the French knew that only in America could a corporation declare bankruptcy yet all the while be able to distribute bonuses!
Rex Bouvier Feb 11th 2010 1:57PM
Madison Avenue, Fifth Avenue, and Park Avenue designer shops are
nothing new. If you ever decide to go shoe/boot shopping in
Manhattan, NY like former Secretary of State Condi Rice, you will see
all of the Wall Street/banking people shopping at stores like Prada
and Barney's New York on Madison Avenue. Put aside $800 to $1,400
for a pair of shoes or boots (low-end Italian shoes at Prada or Gucci stores), and you will see all of the bankers and
Wall Street people spending your hard-earned tax dollars. Most of the
money, which these people are spending at the designer shops, is your
tax dollars at their finest. These miscreants are spending money on
designer crap (stuff that won't last more than one to three years), which should have been spent on education and
healthcare. Hey, if you don't have money to shop for shoes and/or
boots, then shop for an inexpensive silk scarf for $300 to $650. Instead of going
to your local Louis Vuitton shop, go to Manhattan, NY to purchase your
bag. You'll save on sales tax by having the item shipped to your
home. If you need a good business shoe, which will last forever, try
the shoes and boots at Tanino Chrisie. They're handmade in Italy without the cost of overhead like the other more popular brands.
The store is located right down the street from Prada and Barney's, where one can
see all of the young Wall Street people spending your tax dollars on
boots, shoes, pocketbooks, and leather jackets -- both young Wall
Street men and women. That's your tax dollars! So take a trip to
Manhattan, NY for a day to watch your hard-earned dollars at work.
Suckers! The people in the defense industry are also using your
hard-earned tax dollars to shop on Madison Avenue. Take a day trip
and see for yourselves. Again...suckers! Hey, Tea Party people,
this is your fault! "I am not my brother's keeper." So why are you
handing out your hard-earned dollars for these miscreants to shop
till they drop with your money? For the poor slobs, there's affordable shopping on Madison Avenue towards 59th Street like Stuart Weiss and Cole Haan shoes. There's even a Coach store on Madison Avenue for those of you, who can no longer afford the Louis Vuitton prices.
Rex & Renee Feb 11th 2010 2:00PM
Madison Avenue, Fifth Avenue, and Park Avenue designer shops are
nothing new. If you ever decide to go shoe/boot shopping in
Manhattan, NY like former Secretary of State Condi Rice, you will see
all of the Wall Street/banking people shopping at stores like Prada
and Barney's New York on Madison Avenue. Put aside $800 to $1,400
for a pair of shoes or boots (low-end Italian shoes at Prada or Gucci stores), and you will see all of the bankers and
Wall Street people spending your hard-earned tax dollars. Most of the
money, which these people are spending at the designer shops, is your
tax dollars at their finest. These miscreants are spending money on
designer crap (stuff that won't last more than one to three years), which should have been spent on education and
healthcare. Hey, if you don't have money to shop for shoes and/or
boots, then shop for an inexpensive silk scarf for $300 to $650. Instead of going
to your local Louis Vuitton shop, go to Manhattan, NY to purchase your
bag. You'll save on sales tax by having the item shipped to your
home. If you need a good business shoe, which will last forever, try
the shoes and boots at Tanino Chrisie. They're handmade in Italy without the cost of overhead like the other more popular brands.
The store is located right down the street from Prada and Barney's, where one can
see all of the young Wall Street people spending your tax dollars on
boots, shoes, pocketbooks, and leather jackets -- both young Wall
Street men and women. That's your tax dollars! So take a trip to
Manhattan, NY for a day to watch your hard-earned dollars at work.
Suckers! The people in the defense industry are also using your
hard-earned tax dollars to shop on Madison Avenue. Take a day trip
and see for yourselves. Again...suckers! Hey, Tea Party people,
this is your fault! "I am not my brother's keeper." So why are you
handing out your hard-earned dollars for these miscreants to shop
till they drop with your money? For the poor slobs, there's affordable shopping on Madison Avenue towards 59th Street like Stuart Weiss and Cole Haan shoes. There's even a Coach store on Madison Avenue for those of you, who can no longer afford the Louis Vuitton prices. How about opening a Facionable shop for women?