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Hermès's precious skins division is facing a major problem: its stocks of lower quality skins have skyrocketed.
Hermès's precious skins division is facing a major problem: its stocks of lower quality skins have skyrocketed. © Studio Pachamama

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.
LogoSubscribers only 09.01.2025
Donatella Versace and Jimmy Choo.
Donatella Versace and Jimmy Choo. © Studio Pachamama

Spotlight | Italy, United States
The prospective bidders with Versace and Jimmy Choo on their Christmas wishlists

Capri Holdings' scuppered merger with Tapestry has prompted it to throw two iconic brands overboard as it urgently needs cash to get its sinking Michael Kors back on an even keel. Versace and Jimmy Choo's potential suitors should make themselves known before Christmas. The sale itself promises to be luxury's first major transaction of 2025.
LogoSubscribers only 19.12.2024

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