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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

20 Feb 2024 Acquired Hermès

“Either way, in 1919, Emile buys him out and says, I believe in my ability to lead this company, making this transition into the automobile era.”

— David Rosenthal

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

…Right, which I could understand. Totally, I can totally understand that. Either way, in 1919, Emile buys him out and says, I believe in my ability to lead this company, making this transition into the automobile era. Legend has it that he goes to the craftsman in the atelier above the shop in the Faubourg and says, okay, what are we going to do? What can we make with our hands here in this atelier that will interest our clients today? I think this is still legend around Hermes of like, what can we make with our hands that will interest our clients today? The obvious answer at the time is a version of the Haut a Courroies bag. It's bags for these cars. If you want the most exquisite bags, the most exquisite things to show in your automobiles that you're buying, who better than Hermes and finely handcrafted leather bags and accessories that you can outfit your car in the same way you could outfit your horse? The business is now a meals and the business is now handbags.…

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