What is the significance of SO and HSS bags at Podium? Prior to attending semi-annual Podium, each store is allocated a certain number of so-called “Special Order” (SO) bags. They are typically limited to Birkins, Kellys and Constances, and have a Horseshoe stamped next to the Hermès name on the front, hence being know by Hermès afficiandos as “HSS” bags. Bags made in accordance with VIP client requests dates back for generations, but it wasn’t until these choice items were…
Madison Avenue Couture
In early June 2017, the U.S. Supreme Court legitimized the resale market when it decided in favor of Impression Products in the case Impression Products, Inc. v. Lexmark Int’l, Inc. The case revolved around a lawsuit of patent infringement brought by Lexmark against Impression Products, which took used Lexmark ink cartridges, refilled them with their own ink and resold them at a discount. Initially, an appeals court ruled that the conditions placed on Lexmark’s products could be enforced “as a…
What is Podium exactly? About 1,000 of Hermès’s store representatives—from directors to managers—go to Paris twice a year (in February and July) to select and bid for goods to carry in their respective outlets. The events are usually held at a building, where a sea on of products are lined up and displayed in a tradeshow-style fashion. Here, new collections are debuted, and orders for the following season are placed. In accordance with the Hermès family’s edict, in addition to…
“The best things come in small packages”—a proverbial phrase that is often attributed to things that sparkle, and whose value is determined by the amount of karats. Lately, however, one of the most iconic bags is getting in on the action, giving diamonds and other baubles a run for their money. Last fall, Hermès introduced a revamped miniature version of one of its most celebrated and highly coveted bags: the Kelly. The Kelly is the machine gun in the luxury…