Evidence receipt / evaluation
Published · transcript-backedDavid Rosenthal: evaluation
20 Feb 2024 Acquired Hermès
“Uniquely, Hermes still does 85% of their production by hand, by Mastercraft's people in France, as we will talk a lot about.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 20 Feb 2024
- Publisher
- Acquired
- Episode
- Hermès
Transcript context
…All right, we're not going to the Egyptian invention of the handbag or anything like that. Boy, let me tell you, I was tempted. If you read The Luxury Strategy, which is a great book that we've referenced many times on Acquired, they start back 50,000 years ago. We start in 1801, not in Paris, not even in France. As we've been talking about, the land of beauty, luxury, enlightenment, where Hermes, of course, was founded and is still based today. Uniquely, Hermes still does 85% of their production by hand, by Mastercraft's people in France, as we will talk a lot about. But instead, we start in the land of hardness and precision of engineering, of exactitude, the future land of the Porsches of the world. That is right, Germany. A century before the Porsches and Volkswagens of the world.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.