"We cannot face demand. We have massive over-demand.” This is what Hermes’ CEO Patrick Thomas told the Reuters Global Luxury Summit in Paris. Thomas was referring, of course, to the manufacture of their most exclusive crocodile-skin bags, which are still being snapped up by customers. In the Reuters’ article, Hermes Breeds Own Crocs To Meet Bag Demand, he also bemoaned the lack of crocodiles, comically stating, "the world is not full of crocodiles, except the stock exchange!"
Leather goods continue to be a money-spinner for Hermes, who have employed 50-100 extra leather workers this year.