Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
20 Feb 2024 Acquired Hermès
“I would say, Hermes has figured out that there actually is a pretty big niche for craftsmanship or at least people who desire the brand of craftsmanship, and they're exceptional at value capture around that.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 20 Feb 2024
- Publisher
- Acquired
- Episode
- Hermès
Transcript context
…Brands. Let's bring up brand and fashion. Yes. I would say, Hermes has figured out that there actually is a pretty big niche for craftsmanship or at least people who desire the brand of craftsmanship, and they're exceptional at value capture around that. It's interesting. Yes, but the secondary market is this very direct, if you're talking purely about economic value creation, value capture. Very direct data point that, no, they are leaving a lot of surplus on the table for their consumers.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.