Hermès

11838.867 - 11860.793 David Rosenthal

Yeah, I'm glad you reminded me to bring this up. When we were talking earlier about the question of the secondary market and why are they leaving pricing power on the table... Or essentially there's consumer surplus in economic terms. Right. And I said, I think they increase prices across the product range by about 7% per year. So where I got that from is if you look at the...