The $270B+ French firm is at the top of the luxury world (worth the same as LVMH on 1/6th of the sales)...and apparently not worried about tariffs.
I know you've likely seen if not posted this before, but to get some idea of the labor of the handbags, the classic reference is https://www.tiktok.com/@liveyoursway/video/7228620602242895105 (he has others too)
Thanks for the read, Ted! Oh man, this dude is applying pressure on husbands.
Another banger. Merci. In other news, coincidentally the WSJ just referenced Hermès in this article about Home Depot’s garden category: https://www.wsj.com/business/home-depot-gardens-plants-flowers-hot-peppers-1792df6b?st=9X7GF5&reflink=desktopwebshare_permalink
Thanks Eric! I think I will addd this ngget to the article! Appreciate the share.
I am curious to know how Hermes compares to Ferrari and Rolex which are more price insensitive and allocation of product depends on prior purchases.
Hey! Yes, very similar. I'd probably say Ferarri/Hermes is best comparison. Ferrari CEO considers itself Hermes for cars. I wrote more on that here: https://www.readtrung.com/p/magnus-carlsen-david-deutsch-and?hashed_user=9d62582df830504fc8e65d2ef4dca0a8&utm_source=Sailthru&utm_medium=email&utm_campaign=03%2F01&utm_term=Trung
Are you friends with David senra? The dudes the bomb. I'm always curious to know who knows who in the podcast and content creation world.
David's a legend! Incredible pod. INCREDIBLE
The backlash: https://theconversation.com/birkin-vs-wirkin-the-backlash-against-the-global-elite-and-their-luxury-bags-podcast-254723
I know you've likely seen if not posted this before, but to get some idea of the labor of the handbags, the classic reference is https://www.tiktok.com/@liveyoursway/video/7228620602242895105 (he has others too)
Thanks for the read, Ted! Oh man, this dude is applying pressure on husbands.
Another banger. Merci. In other news, coincidentally the WSJ just referenced Hermès in this article about Home Depot’s garden category: https://www.wsj.com/business/home-depot-gardens-plants-flowers-hot-peppers-1792df6b?st=9X7GF5&reflink=desktopwebshare_permalink
Thanks Eric! I think I will addd this ngget to the article! Appreciate the share.
I am curious to know how Hermes compares to Ferrari and Rolex which are more price insensitive and allocation of product depends on prior purchases.
Hey! Yes, very similar. I'd probably say Ferarri/Hermes is best comparison. Ferrari CEO considers itself Hermes for cars. I wrote more on that here: https://www.readtrung.com/p/magnus-carlsen-david-deutsch-and?hashed_user=9d62582df830504fc8e65d2ef4dca0a8&utm_source=Sailthru&utm_medium=email&utm_campaign=03%2F01&utm_term=Trung
Are you friends with David senra? The dudes the bomb. I'm always curious to know who knows who in the podcast and content creation world.
David's a legend! Incredible pod. INCREDIBLE
The backlash: https://theconversation.com/birkin-vs-wirkin-the-backlash-against-the-global-elite-and-their-luxury-bags-podcast-254723