Your Daily Brief For February 10th

Your Daily Brief For February 10th

17 days ago1 min

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In today’s Daily Brief, we'll look at how French luxury firm Hermès manages to charge a small fortune for its accessories.

"Hermès’s signature bags have graced the forearms of movie stars for decades. So with the power to bestow timeless style through rare exotic leather, the Paris-based brand has no shortage of fashion fanatics willing to devote some $20,000 to the cause."

Key takeaways:

  • Hermès released results that suggest the luxury brand’s stock might never go out of fashion
  • OpenAI raced toward a $2 billion annual revenue, a feat few firms have achieved


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