Raising your own crocodiles, why not?
French luxury goods group Hermes has resorted to breeding its own crocodiles on farms in Australia to try to meet demand for its leather bags, its chief executive said on Monday. Customers sometimes have to wait several years for certain exotic-skin bags, which can fetch over 35,000 euros ($48,410). “It can take three to four crocodiles to make one of our bags so we are now breeding our own crocodiles on our own farms, mainly in Australia,” Patrick Thomas told the Reuters Global Luxury Summit in Paris. – from Reuters