French luxury goods group Hermes has resorted to breeding its own crocodiles on farms in Australia to try to meet demand for its leather bags, its chief executive told Reuters on Monday.
Customers sometimes have to wait several years for certain exotic-skin bags, which can fetch over 35,000 euros ($48,410).
“It can take three to four crocodiles to make one of our bags so we are now breeding our own crocodiles on our own farms, mainly in Australia,” Patrick Thomas told the Reuters Global Luxury Summit in Paris.
“What’s better than a Louis Vuitton monogram bag? A Louis Vuitton bag with your own monogram on it.”
That’s the thinking behind the house’s Mon Monogram service (which means My Monogram in English).
Louis Vuitton has been allowing customers to personalize luggage and smaller items like wallets for a while, but you can now put your initials on its signature Speedy 30 or Keepall Bandoulière 55 bags.
Victoria Beckham is well known for her extravagant taste in fashion, but news that she owns 100 Hermès Birkin bags is likely to be seen as nothing less than excessive.
A US financial website worked out that the sometime pop star’s collection of the coveted bag alone is worth £1.5million ($2.3 million).
Thebigmoney.com revealed that the 35-year-old owns around 100 of the style, which start at £4,200 for the basic model.
Tomorrow, May 20th, the Dior fashion house will broadcast on the Internet a 6 minute 30 second thriller directed by Olivier Dahan starring Marion Cotillard, muse of the legendary Lady Dior handbag.
In exclusivity for Luxuo, Dior is pleased to offer you “The Lady Noire Affair”.
Marion play a wonderfully dressed femme fatale and it’s almost like watching a 6 ½ minute Hitchcock film.
