Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
20 Feb 2024 Acquired Hermès
“Still, Japan is, I believe, around a 10th of the size of China and is 10% of Hermes sales versus 48% for rest of Asia.”
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
…That's interesting. Still, Japan is, I believe, around a 10th of the size of China and is 10% of Hermes sales versus 48% for rest of Asia. For a small country, like France, it's still very, very significant for the business. Yeah. I will say that you listen to management commentary. Hermes is very excited about China's middle class, and they have done a really good job SKUing younger there. Eighty percent of clients in China are below 40.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.