{HERMèS' SUCCESS HAS BEEN DRIVEN BY SHORTAGE

{Hermès' Success Has Been Driven by Shortage

While a lot of high-end brand names drive direct exposure with social networks advertising, celebrity partnerships and fashion programs, Hermès which started as a saddlery and which still hand-stitches the lion's share of its leather bags hasn't. Its major items haven't changed a lot in years; it does not have TikTok, and doesn't give celebs cost-

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