I bet Hermes is wishing Steve Irwin was still around to hunt crocodiles, because the French luxury good company has recently succumb to farming their own crocodiles in order to keep up with demand for their leather bags. Some bags, which push nearly $50,000, take multiple crocodiles to make, and since the waiting list for a Hermes Birkin bag can exceed two years, Hermes would be foolish not to start raising their own purse-bound crocodiles! Hmm…I thought the recession made it somewhat inappropriate to flaunt your wealth? I guess not, because this crocodile farming is perfect proof that customers are still biting! 

Thanks Reuters!