Opinions expressed by Forbes Contributors are their own. Pam Danziger reports on retail, focused on the luxury consumer market. Chanel still has a way to go to catch up to LVMH’s $45.8 billion ...

Hermès opened its 23rd leather goods factory in France earlier this year. In its most recent quarterly earnings, leather goods sales accounted for more than half of the company's total revenue.

In the brand’s nearly two dozen workshops across France, there is no assembly line nor factory machinery, rather, Hermès handbags are made by hand by a single artisan who has mastered the art ...