July 13, 2009 at 6:00 am by Amy DuFault
Hermes Breeds and Breeds
With the more recent news of fashion industry giant Hermes breeding crocodiles to keep up with the demand for their exotic skin handbags, which can fetch nearly $50,000 at retail, (each bag supposedly requires hides from three to four crocs), Hermes has opened more farms, mostly in Australia.
“We have massive over-demand. We are limited by our ability to train new craftsmen,” Hermes CEO Patrick Thomas told Reuters at its Global Luxury Summit in Paris earlier this month.
While many cows are bred for slaughter for humans to enjoy their …
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