In luxury, there’s Hermès… and there’s everyone else. Stewarded by one French family over six generations, Hermès sells the absolute pinnacle of the French luxury dream. Loyal clients will wait years simply for the opportunity to buy one of the company’s flagship Birkin or Kelly bags. Unlike every other luxury brand, Hermès:
And yet everyone knows who they are and what they represent. But, despite all their iconoclasm, this is not a company that’s stood still for six generations. Unbeknownst to most, Hermès has completely reinvented itself at least three times in its 187-year history. Including most recently (and most dramatically) by the family’s current leaders, who responded to LVMH and Bernard Arnault’s 2010 takeover attempt by pursuing a radical strategy — scaling hand craftsmanship. And in the process they turned the company from a sleepy, ~$10B family enterprise into a $200B market cap European giant. Tune in for one incredible story!
Sponsors:
Many thanks to our fantastic Season 14 partners:
Links:
Carve Outs:
More Acquired:
Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.
Microsoft
Renaissance Technologies
Novo Nordisk (Ozempic)
Holiday Special 2023
Visa
Charlie Munger
NVIDIA CEO Jensen Huang
Nvidia Part III: The Dawn of the AI Era (2022-2023)
Costco
Nike
Porsche (with Doug DeMuro)
Uber CEO Dara Khosrowshahi
Lockheed Martin
Spotify CEO Daniel Ek
Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming
Short: The Death of Sega
Nintendo: The Console Wars
Interview: Hamilton Helmer & Chenyi Shi on How to Build an AWS-Like Second Business
Sessions: David Senra (Founders Podcast)
Create your
podcast in
minutes
It is Free
Insight Story: Tech Trends Unpacked
Zero-Shot
Fast Forward by Tomorrow Unlocked: Tech past, tech future
Black Wolf Feed (Chapo Premium Feed Bootleg)
Bannon`s War Room