While some consider the economy to be slumping a bit, its clear the luxury good market is having none of it. DNR is reporting that “Hermes will open its first men’s-only store on New York’s Madison Avenue this fall…The 6,000-square-foot unit will be located directly across the street from the company’s existing flagship at 691 Madison. The address of the men’s store will be 690 Madison at 62nd Street….Designed by Rena Dumas, director of the architectural firm RDAI in Paris, the boutique will carry the company’s entire assortment of men’s merchandise ranging from ready-to-wear and accessories to lifestyle products. It will include an entire floor dedicated to custom and made-to-measure merchandise…The store and will be the first of its kind in the world.”

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