Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
20 Feb 2024 Acquired Hermès
“Every time they come in at a generational transfer, and the company and the brand is under existential threat, even though we think of Hermes as the most unassailable thing in the world right now, but finds itself at a moment where it can be assailed.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 20 Feb 2024
- Publisher
- Acquired
- Episode
- Hermès
Transcript context
…It's crazy. This is when the next generation transition happens to Robert's son, Jean-Louis Dumas. I can't believe it with this family. Every time they come in at a generational transfer, and the company and the brand is under existential threat, even though we think of Hermes as the most unassailable thing in the world right now, but finds itself at a moment where it can be assailed. There's a generational transfer happening. You would think this is the downward spiral. This is the dropping of the baton, and the next generation always rallies. Isn't it amazing? You would think the best person out there to brilliantly come up with both the business strategy and the creative element is probably not your direct descendant.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.