The mark-up on hermes bags is so high that it's apparently quite possible to get a good enough and steady income doing it. What you are describing
more or less already happened, except the price was likely not 10% of the original for the regular leather bags. They saved money on marketing and such as Hermes already did that for them
"several of its own employees were intimately involved in the budding criminal enterprise, providing those authentic materials and overseeing the manufacturing of the eye-poppingly expensive handbags. The result came in the form of counterfeit bags of almost unprecedented quality."
There are many former H artisans running their own workshops, but establishing themselves in the market place with their own designs is incredibly difficult, expensive and risky, and requires completely different skills than setting up a production facility that makes high quality bags.
There's a reason why we have seen so many revival brands in recent years, people love the story telling even if the current products being made have no connection to the production of old times (Moynat is a great example, also Patou, Schiapparelli, Mugler etc. etc.). New names are not as popular and are incredibly difficult to establish. Most people would prefer a highly recognizable brand to a well crafted bag with no brand name, if not Chanel would no longer be selling bags and artisan based ateliers would explode in business, and really these forums would probably look more like depiedencap sorted by style of bag with a do-it-yourself area and not by brands.
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