Spotlight | France
Exotic skins sector disrupted by Hermès's surplus stock
Hermès's super secretive precious skins division is facing a major problem hitherto kept under wraps: its stocks of lower quality skins have skyrocketed, forcing the company to go to great lengths to get rid of them. This has repercussions for the entire sector, as Hermès skins are resold to all the luxury groups through a discreet trading system.