The economy may be hurting world wide, but those that love Hermes are still buying. In fact, Hermes has resorted to breeding its own crocodiles on farms in Australia to meet the demand for its exotic bags. It is reported that Hermes makes around 3,000 crocodile bags every year and demand continues to grow while the crocodiles are not readily available to fill orders. It can take three to four crocodiles to make one Hermes bag, so the move to use their own farms makes sense.
While other brands are hurting, Hermes continues to churn sales increases. Along with their own crocodile farms in Australia, Hermes is also hiring an additional 50-100 leather workers to join the staff of 2,000 in Paris. What does this mean for us? An easier change to purchase a Hermes crocodile bag, if we have the funds to do so.