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11min chapter
Hermès
Acquired
Strategic Vision and Leadership Transition at Hermès
Exploring the transformational journey of luxury brand Hermès, the chapter showcases a significant investor's strategic vision in acquiring shares to eventually own the company. It delves into the dynamic shift in leadership from a creative to a more corporate structure, highlighting the challenges and decisions in leadership transitions within the iconic brand. The chapter also narrates a unique incident involving a popular canvas beach bag in Japan, contrasting it with the brand's usual successes and questioning the strategy in investing in other companies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode