Financial Times FT.com

Brands assess risks of extending global reach

By Andrew Ward and Vannessa Friedman

Published: June 5 2006 10:49 | Last updated: June 5 2006 10:49

There are few places in the US that appear further removed from European haute couture than North Carolina. In America’s popular imagination, the state is a stronghold of “redneck” southern culture, involving the worship of pickup trucks, country music and stock car racing.

It will come as a surprise to many, therefore, that Hermes, the French luxury goods brand, plans to open a store in Charlotte, North Carolina, later this year.

Business luxury

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