This is a snippet of the transcript, sign up to read more.
Yes, it never happens in stores. It occurred once every two or three years, so maybe that's why you never heard of it. But I'm sure if we check online for Hermès public sales, we would find something interesting.
This is a snippet of the transcript, sign up to read more.
The big point is always the quota for bags, leather, and even jewelry. It was very easy for a smart customer to go from Paris to Lille in the same day and then the next day to Brussels. And then to Amsterdam to buy what they couldn't buy due to the quota. It was very easy for them. So maybe now they have addressed it because it was a target. I think 15 years ago, it has always been the target to have a global CRM to counter the black market and to follow the quotas more efficiently.
This is a snippet of the transcript, sign up to read more.
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.
Subscribe to access hundreds of interviews and primary research