With the global recession severely impacting the luxury goods market – and with the rising cost of even being French – S.T. Dupont have announced the relocation of their international headquarters to Hong Kong. Perched atop their flagship store, the new headquarters is an exercise in cost-savings, with its stark exterior and lack of designer touches in the executive offices, which are reached by bamboo ladder from the back of the shop.
Sigma DP2… click for larger image.
P.S. In reality, the luxury-goods market in Hong Kong seems impervious to economic trends. The Chanel shop across from my office is packed every time I look in, which is often. We may have knock-off products in the back alleys of Hong Kong, but on the main streets, the genuine article is still much in demand. And the 60% off? Probably on a keychain, with normal prices on everything else.