What’s your unpopular Hermes opinion?

[stupidolive]

The prevailing opinion on TPF and elsewhere seemed to be that the economy was tanking, during covid and now. And luxury would take a beating.

UO: I was never of the opinion that the concerns about thr economy today would tank the revenues of Hermes. Bc no matter how bad the economy, the top percent will still shop (perhaps less and be more picky). And, a lot of Hermes revenue is still due to small things like cosmetics and trinkets. It seems as though revenues are up, possibly due to Hermes releasing its grip on some of its bags.

I do think that if some people have an easier time buying new bags, and others wish to liquidate their older bags, resale prices will soften. And, I think they have started to do so.

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I’m wondering whether the “exceptional corporate contribution could be thr 5K bonus to its employees. Or possibly some sort of capital expenditure.m

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Capital expenditure is going to be reported as cap ex as is, no? Blregardless, I looked a little at the time series of their sales over a longer period before covid, Hermes moved with other luxury brands like lvmh but the downturn swing is just less as deep… so maybe we will see more signs of slower growth later this year?
UO: if the sales slow and first time clients are weaker as the earning calls report, we may go back more to the previous era in terms of bag acquisition and pricing (the increase is inevitable but maybe less steep)

 

[880]

UO: if the sales slow and first time clients are weaker as the earning calls report, we may go back more to the previous era in terms of bag acquisition and pricing (the increase is inevitable but maybe less steep)

I think this is the popular opinion. I think price increases may slow if they haven’t already bc dumas admitted clients are less eager, but the previous era of QBs on the shelf being for sale. (Circa 2012, that was possible). I don’t know if we can wind the clock back that far bc the perception of slowness may be so detrimental to the brand. JMO of course

 

[deltalady]

My UO is that I do not understand the notion that a C24 is so big (and therefore not as popular) but the K25 (that is similar in measurements) is so coveted.

 

[iseebearbears]

Hermes needs to start making Samsung Galaxy watches too. The Apple watches are such a good deal (so cheap & useful) compared to other H items, but I am a Samsung girlie so it won't work for me.

 

[annaria]

I really don’t like Epsom.

I do have one in the Bolide but every bag I have seen … I just don’t

 

[FlairBear]

UO: Shopping Hermes is not the answer to retail therapy. Infact, it can only make you feel worse… not having things you want to buy to make yourself feel better and experiences that make you feel dowm, not valued, unlucky or sorry for yourself.

 

[sbbbb]

UO - Hermes junkies look like junkies.

Excessively accessorizing every limb and body part. Yes, you know what I'm talking about. Multiple necklaces, wrist bangles, printed top, bright scarf, big H belt, H shoes, with alligator mk... it's too much. Leave some at home please.

 

[Lessons]

This is very unpopular, but here I go: Saint Laurent tribute flat sandals are nicer than Hermes Orans.

 

[Christofle]

This is very unpopular, but here I go: Saint Laurent tribute flat sandals are nicer than Hermes Orans.

Definitely don’t disagree! The list of sandals that are nicer than orans (designer and drug store is mighty long)

The placement of the H makes the forefoot and toes look extremely elongated 😐 (photo from h.com)

 

[Goldenbelle]

Definitely don’t disagree! The list of sandals that are nicer than orans (designer and drug store is mighty long)

The placement of the H makes the forefoot and toes look extremely elongated 😐 (photo from h.com)

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Ha - maybe this is exactly why I love them, I have tiny feet in general and even more in relation to my height and love how my feet look with these slides, this elongation effect is great for me! With a round toe cap my feet actually look like someone chopped off a part of my foot.

Saying this I must admit I in general dislike H items with too much off a visible H or Kelly closure (except on a Kelly bag, my beaten up Constance and Orans). For my jumping boots, I mostly remove the Kelly straps, esp when wearing it with a Kelly bag. Too much of a good thing.