Australia- In order to meet the demand for their leather bags, Hermes has succumbed to breeding crocodiles on Australian farms. "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," says Patrick Thomas, chief executive of the luxury line. "Hermes already faces a major challenge producing 3,000 crocodile bags a year. The world is not full of crocodiles, except the stock exchange!" I'm wondering what PETA thinks about this but i happen to think that this is brilliant for the brand and its a smart move. Make your coins Hermes!