After all the whole world is changing, we can't retain it. Hermes loosing its luster is just one little tiny aspect of this life, and well, I can live with it.
I use my old Kelly bags everyday, every night, and keep enjoying them as if it were the very day I got them, so I am all set with BAGS.
Meanwhile I drive an electric sportscar, my kids were almost born with an ipad in their hands, I cook on induction, I work in three different countries without moving from my screen , and I can book a plane ticket 2 hours before taking off.
On the leather goods dpt,
There are new emerging companies, that make innovative products, and are not (yet) fighting for any rank in the luxury league competition, although there are already in that league, and can focus on inovation, design, quality, fun and....service

There are old companies making some revival as well, (Goyard, Moynat, or Valextra for instance)
There are very small and stable ones that have been delivering the SAME quality for decades, like Morabito . See their croc bags, they are breathtakingly well made....
Actually there is a variety of ways to look at this Hermes change...To me its an opportunity to look into something else, and finally embrace a new world...