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Hermès
Acquired
Hermès 3 Pillars - Focus on Control and Craftsmanship in Business Strategy
Businesses like Hermes prioritize control over production and craftsmanship by increasing company-owned retail locations, emphasizing the importance of creation, craftsmanship, and exclusive distribution network as key pillars of their business strategy. Their success is attributed to the knowledge and craft of their people, distinct from factories, with a strong focus on conveying their expertise through YouTube videos and documentaries.
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