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Acquired

Hermès

11400.089 - 11426.249 Unnamed Speaker

Yeah. So here's some stats. In 2006, France was already down to 19% of sales. I mean, it started at 100% of sales. So that's why I say down to 19%. 2006, this is a while ago. We're almost 20 years ago. At that point in time, Japan represented 27% of sales. So there's all this talk about China and luxury today. Japan was that in the early 2000s. So crazy, right?

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