Birkin

Sources · 4 moments

1. 1.
   Stock Movers · Schneider Keeps Dropping, Hermès Dips, Unipol Gains

   Tiwa Adebayo · Oct 5 · Listen at 2:22 ↗

   “writing that the company's historical double-digit year-on-year growth quarter after quarter has clearly come to a halt. They're saying that the slowdown is mostly due to weakness in non-leather categories. So crucially, the very, famous Bi”

2. 2.
   Stock Movers · Schneider Down, Hermès Dips, Telefonica Up

   Tim Stenovec · Oct 5 · Listen at 2:27 ↗

   “I wonder if it's got anything to do with the perceived overexposure of the Birkin bag. A really interesting column from Bloomberg's Andrea Felsted recently saying that Hermès should make it even harder to get a Birkin. So that's the latest”

3. 3.
   The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP852: Hermès and LVMH Stock: Time to Buy Luxury? w/ Daniel Mahncke & Shawn O'Malley

   Sean O’Malley · Oct 8 · Listen at 3:37 ↗

   “So that's sort of the difference. And on average, they're spending about maybe $1 ,500 to $5 ,000 per year on luxury products, which is still a lot of money by all means. And so what that also means is that they're not buying these signatur”

4. 4.
   Bloomberg Daybreak: US Edition · Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week

   Shirley Zhao · Oct 2 · Listen at 39:48 ↗

   “speaking, the rich people remained, you know, their spending appetite remains stronger. And the middle class and the lower class people have been cutting their spending. So we have seen, for example, brands like Hermès and Chanel performing”