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Hermès buys d'Annonay tannery to secure supplies

10/01/2013

Hermès is taking over d'Annonay tannery, one of its key providers of calf leather, to secure its supply chain. The luxury leathergoods company – which owns two tanneries in France, one in Italy and a reptile tannery in the US – bought the French business from its 80 staff for an undisclosed amount. It said in statement: "This acquisition is in...

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