A gang accused of buying up half of Hermès’ bag supply as part of an elaborate money making scheme has been caught by Paris police.
The gang is claimed to have hired women to pose as wealthy customers and purchase Hermès bags only to resell them for three times the retail price.
Paris police allege the gang has been making one million euros per month in the scheme.
The women recruited were told to dress in designer clothes to make them appear as wealthy Hermès customers. They were instructed to tell made up stories in order to secure the hard to come by bags, such as claiming they were buying bags for sick relatives.
According to French media, the gang invited possible customers to a fake showroom near Hermès’ flagship Paris store to entice them to buy the bags. A selection of the bags were exported to Asia.
Ten suspects were detained this week. The gang was allegedly working with Chinese nationals. These findings are a result of an 8-month long operation by French police.
The scheme will likely add to Hermès’ growing concerns over customers buying bags with the sole aim of reselling them.
Full story here https://www.thetimes.co.uk/article/hermes-bag-gang-buys-up-supply-paris-jknkkvq6k
The gang is claimed to have hired women to pose as wealthy customers and purchase Hermès bags only to resell them for three times the retail price.
Paris police allege the gang has been making one million euros per month in the scheme.
The women recruited were told to dress in designer clothes to make them appear as wealthy Hermès customers. They were instructed to tell made up stories in order to secure the hard to come by bags, such as claiming they were buying bags for sick relatives.
According to French media, the gang invited possible customers to a fake showroom near Hermès’ flagship Paris store to entice them to buy the bags. A selection of the bags were exported to Asia.
Ten suspects were detained this week. The gang was allegedly working with Chinese nationals. These findings are a result of an 8-month long operation by French police.
The scheme will likely add to Hermès’ growing concerns over customers buying bags with the sole aim of reselling them.
Full story here https://www.thetimes.co.uk/article/hermes-bag-gang-buys-up-supply-paris-jknkkvq6k