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Acquired

Hermès

11632.461 - 11657.114 Unnamed Speaker

Yep, exactly. They have over 300 stores in 45 countries. David, as I mentioned earlier, in 2020, the Wall Street Journal estimated that about 120,000 Birkin and Kelly bags were made in that year. That's about 25% to 30% of total revenue coming from just those two bags, which, again, you can't buy. And also, you can't even see.

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