The Japanese company currently operates with three stores in Spain: two in Barcelona and one in Madrid, to which a third will soon be added in the Spanish city.

The CEO of the Italian group, Stefano Beraldo, explained that the company’s strategy is to open stores in cities with 5,000 to 10,000 inhabitants.

The sportswear giant has launched a new sustainable initiative that rewards customers with coupons for its store in exchange for their old clothes.

In the fiscal year ended August 31, the British ecommerce group’s revenue was 2.7 billion pounds. The company grew more in the United Kingdom than abroad.

Germany and Italy, among the developed economies, and Mexico and India, among the emerging ones. These are some of the most punished countries in the latest update of the organism’s forecasts. In these markets, fashion giants have 1,712 stores.

The cancellation of Oregon Project after the sentence against coach Alberto Salazar has been the last crisis that the American sportswear company has faced, which, far from being affected by the controversies, has increased its sales and the value of its shares.

The Spanish fashion retailer has opened a pop-up store of its premium chain Uterqüe in Covent Garden, London, one of the city’s prime hubs.

The app, created by the NFL player Russel Wilson, is specialized in connecting celebrities with fans thought its own content. 

The American sportswear giant has finished some of its independent retailers’ supply agreements to boost profits. The company warned it might end all agreements by 2021. 

The store will be located in Warsaw, on the Europejski Hotel. At the end of its fiscal 2018, Hermès had 310 stores.