Pursuits

Hermes Moves U.S. Headquarters to Manhattan’s Former Sony Building

550 Madison Ave.Photographer: Kenneth Hughes/Bloomberg
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Luxury fashion brand Hermes International is moving its U.S. headquarters to a building on Manhattan’s Madison Avenue that’s being redeveloped.

The Paris-based designer is taking more than 71,000 square feet (6,600 square meters) of offices at 550 Madison Ave., landlord Olayan Group said in a statement Monday. The lease is for all the space on the tower’s 23rd through 25th floors.