Acquired
Hermès
Unnamed Speaker
According to annual consumer surveys that Coach does, the average American woman purchased two new handbags in 2000. And by 2004, that number was more than four. So it's this high volume product. And at Louis Vuitton's immense four-floor global store in Tokyo, 40% of all sales are made in the first room, which sells only monogrammed handbags, wallets, and other leather goods.
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