Hermès chief Florian Craen explains success secret

Florian Craen, with Hermès since 1997, discusses the luxury group's growth and philosophy in Germany.

Florian Craen stressed in an interview published on June 28 that the object itself is at the center. The relationship to creation, quality and craftsmanship has remained unchanged even as the business has grown substantially.

The new store on Berlin's Kurfürstendamm now spans over 500 square meters. Hermès operates eight locations in Germany, including in Hamburg, Munich, Düsseldorf, Frankfurt and Stuttgart.

Craen views the investment as proof of the company's self-confidence. Berlin had not previously reached the required level.

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Burger chain Hans im Glück has opened its 100th branch at Mannheim's Paradeplatz. Managing director Johannes Bühler calls the location a milestone after difficult years.

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Louise Farina, managing director of the Cologne perfume house Farina in the ninth generation, opts for exclusivity for Eau de Cologne. She explains why the brand deliberately avoids mass-market distribution.

LVMH Chairman and CEO Bernard Arnault is expected to visit South Korea next week for the first time in three years.

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LVMH Chairman and CEO Bernard Arnault visited Seoul on Monday, marking his first trip to South Korea in three years. He toured Louis Vuitton stores accompanied by his daughter Delphine Arnault.

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