Generation Chanel

32:09And he's like, he goes, I need to tell you something. And I go, and our CEO, Patrick Waterfield is like, oh no. He goes, i hate chanel and i was wearing head-to-toe chanel he goes i built he goes i built lvmh he goes i built our we're building new headquarters i built it next to chanel on west on 57th street and when they open i'm going to be hammering and sighing during their opening so everyone's like and so i'm like okay i understand what you're saying mr arnault i am very, very sorry. Won't happen again. I would volunteer to take my clothes off, but I'm telling you now, me naked is actually a much more disturbing sight than looking at me and head to toe Chanel.

33:00Did you really say that to him, Patty? Yes. And now he's like the biggest of the big. It's crazy. Yeah. I mean, it's. But the thing about you, Patty, is all these stories are true. They are true. I know. It's amazing. I know. They're all like, I mean, but yeah, so that's kind of what happened. So, okay. So in the last 15 years, there was a lot of gatekeeping when I started, right? And now there's no gatekeeping, right? And, and the other thing is, is that everybody's images were very carefully managed. And so it was, it was much, sorry, more curated. It was a much more curated kind of thing. Now it's like kind of free for all.

33:49And the other thing that's really interesting is, is that I don't really understand. And I know you're interviewing me, but I have to ask you this. I do not understand why everybody has this appeal for secondhand goods. everything in the last 15 when I started collecting every piece I owned is brand new so I'm like I don't know why everybody wants to wear my used clothing or my mother's yeah I mean that I think there's a lot of reasons one is that this stuff is way more expensive than it used to be so you can buy a$1 ,500 Chanel jacket that is gorgeous and and I don't want to but really timeless in many ways and maybe can't afford a$10 ,000 one.

34:35Like there are people then there's that. There's also, and this is interesting to throw it back to you, there's a sentiment that the quality is not as good as it used to be. I personally think that that varies and is relative and I don't think that's true overall. Like if you look at Uniqlo or Zara, the quality of those clothes is quite good and if you went back to seventh avenue schmata it would not be it would not be as good as those things so i think it's complicated but there is a sentiment especially i just interviewed a bunch of gen z kids and they were like the quality is just so much better with the older stuff and then i also think because everything is so accessible visually online to be able to get something that you really that is like special and unique and is a almost feels like a one-off is appealing to people.

35:28So I buy a lot and I would say I used to not be as big of a vintage shopper, but I do buy a lot more now. And I would say the reason is I can often find things for under$500 that are amazing. Like I have this amazing suede, a Laya skirt that could be from last year that I paid$250 for, like that kind of thing. But I think the biggest thing is that normal clothes have not increased in price because like a pair of jeans cost the same thing that they did in 1990 essentially. But like that means that people have a skewed view of how much things should cost and how many things they should have. So instead of just buying three or four things every season or one, they buy 50 because they think that's what you're supposed to do and that's what things are supposed to cost.

36:23So I think those are all reasons for secondhand. And I think there's just fatigue, but it's interesting. Do you think that the quality has changed or do you think that's a fallacy? Personally, my mother and I think it's a fallacy. So I don't really understand. And I talked to someone from Chanel off the record and I'm like, I don't really understand. And they're like, it's because what you buy has not gone down. You buy from Metier, you buy, you buy the pieces that are special ordered, you buy everything that's beautifully crafted. You buy, you know, they said, but we did make a mistake. And I go, what?

37:05And they go, during COVID, they go, our demand was so big. There were some corners cut in some basic handbags. And I think that's what people are seeing. Yes, they admitted this publicly. Bruno has said this publicly, that they felt like they didn't live up to standards and they had to fix it. But it wasn't anything that my mom and I bought because we are collectors. So this is how it kind of happens. So I'm a size 44, 46. My mom is a 32. So Karl Lagerfeld loved 32s. So she could buy whatever she wanted he did not like big people he was like patty people your size should not exist i'm like i'm sorry mr lagerfeld but what happened was oh my god can you imagine him with um glp ones oh he would probably love it but he was like he probably was on them because i know a person who was on them since 2010 okay but you know he so the deal that we had was was that after every ready-to-wear show, the second it hit Vogue.com, I would like download all the pictures, circle all the looks, run to the Houston Chanel boutique, and it would be a whole conference because everything at Chanel is like a big deal.

38:29I don't know why, but everything's a big deal. We'd have a huge conference and I was on the hook for these clothing. So we would actually then talk about it, then have another meeting. And then they would, oh, and then New York got involved. I don't know why. New York got involved because they're like, you know, they go, you know that she's on the hook for this. And they go, no, she knows she's on the hook for it. So I would buy based on a picture. And I'll explain to you why this is going to change with Mr. Blasey. So I would buy based on a picture. And it would show up in a 44, 46. It would like look really good or my jewelry pieces.

39:06It would look really good. And I would go sailing off into the horizon. Well, after three years, only three years, they're like, okay, you're no longer on the hook. I go, what do you mean? They're like, you could order whatever you want. I go, why? This is what happened because, because everyone's budgets are so tight. Nobody ordered 44, 46s. So people were waiting for the Patty, for the Patricia Powell order. Right. So they're like, If she doesn't want it, we will take it. So that's kind of what happened. With Mr. Blasey, this is my problem. So people have asked me, they're like, so what are you going to buy?

39:44And I go, I don't know. And you were the first person I read that understood. Mr. Blasey is a genius. And I can talk to you about why, but he is a genius. The problem is, is that his clothes have zero hanger appeal. so you have to see them in the boutique i mean you even you have to see them in the boutique you have to actually try them on to fully appreciate it well the problem i have is is that they don't order a lot in my size so there's not going to be a lot for me to pick from because um i have to try everything on so the jacket that i bought and the good part about mr blazy is is he's very size inclusive and so his clothes now run a little bigger so I tried on the reason why I bought this jacket from Metier is because I was able to try it on and look at it and I have to digress for one second is Mr.

40:50Blasey a tall man or is he like he's pretty tall he's pretty tall he's I've only been in the like I've only been backstage to interview him a couple of times but I saw him on the street in Paris one day and he's probably six foot. He's tall. Yeah. And what I liked about him is that he is very unassuming. Yeah. He's very unassuming, but he's, um, yeah, he's, um, he's very humble. But the issue is, is that you saw, you know, you, you saw us on social media. I was very upset when I saw the shows. My mom was very upset. I remember. But then when we saw and Brian Boy, Brian Boy was like, you know what?

41:36Give it time. Yeah. You know, and I was like, OK, like I was like, OK, I know it's only clothes, but we were very upset. And, you know, and then but once you see it. It is like a museum. It's like walking into Chanel now is like a feast for your eyes. every piece he and his team design every detail is perfect down to the buttons and the fact that you actually mentioned your red buttons is testament to that the details are truly incredible it's um i just i was just scanning through instagram and sophia coppola is on the cover of cultured magazine wearing an incredible black Chanel jacket. I think it is the thing that I've said to people, and then we need to talk about your YouTube stuff.

42:29But the thing that I've said to people is, I think you're right about that it's much better on a body. Because I think it was the same thing at Bottega. The Runaway shows, I would love them. you go to the store and you're like, do I really need to wear this? You try it on. And I think what he's done is broaden out the shoulder and made the jacket a little boxier. So it does fit a lot of different shapes. Cause I think it's not just about size, it's about shape as well. And so you can wear it oversized or you can get it a little more narrow. Like I, with my jacket, they did not have my size, but I was able to size one down because it's a little bit broader in the shoulder.

43:12but I think the the thing is it's these clothes are about pure pleasure like the lining on my jacket which is like a plaid so the it's a plaid woven jacket with green and black and red and then with these beautiful red buttons and the it's like a sage green but then the inside is a print that's like teal, black, and yellow. And it's almost another plaid, but like painted plaid. And the edges are raw and jagged, and it's kind of dripping out. And I don't know. I mean, that's just, there's so much. There's so much to think about just like looking at it. I'm never going to get sick of it. Like it's not, it's, it feels so, and I think, I think that's what it is.

44:08It's making people, I went, I was in Aspen to doing a speaking engagement and I only went to two stores. I went to Prada, their mountain store there, which was amazing. And I went to Chanel. I went to Kimo Sabe and like all that stuff too. But like in terms of the big stores, those were the two that I was like, I will take the time. And I tried on the knitted blue jacket from the Metier collection. And it just, you know, and it was the less fancy one. So it didn't have a lot of beatings. It was under$5 ,000, which is still very expensive. But I was just like, this is amazing. Like the where else do you get something they've just there's so much attention to detail.

44:47And now because they're everything is so accessible, from a secondhand perspective, you need to make something that feels totally new and totally special. And I think, and it's also pretty like it's not ugly no which a lot of fashion right now is ugly and and I think people just want beauty and so but I think you're right for me the runway the first runway I was just blown away but like I can understand I talked to a lot of clients after the Metier show and they were still sort of like I don't know they were like I'm gonna buy a couple things but I'm just not sure it feels so it feels so edgy almost and now I think he's sort of settled in and I went to that last couture show and the black dress that the ended that couture show the revenge I mean I hope they make some version of that dress and ready to wear because it is just they're showstoppers and I don't think I don't think that really exists anywhere else like do you shop anywhere else for for um designer stuff uh i go to the row i i i think those twins need to be my friend i i was like i'm shocked you're not friends with them i know i know i'm very upset about this you go to amagansett or or somewhere and hang out with them at the store i have nothing but respect i love the row so i i shop at the row i love zero i love maria corneille yes yeah of I think she is a very underrated designer.

46:21Everybody needs to know her and everyone needs to go see her. Her clothes look great on everybody. Yes. And everybody copies her. Yes. And thanks to you, I wear Phoebe Philo. I'm a big fan of Phoebe Philo. It's amazing. It's so good. I live in her boy. Okay. The reason why I don't have more Phoebe Philo pieces is because I read in the line sheet that it's cheaper in Europe. And I'm like, oh. It's much cheaper in Europe. Yeah. So I, and also with Phoebe Philo, I had to order it off of a picture, which I'm kind of good at, but you know, it gets direct shipped from Italy and you don't really have any conversation.

46:59So I was like, I need a little conversation to be more. And, and, and Bergdorf Goodman does not. Okay. The U.S. No, they're not. It's not great. No, they don't have enough Phoebe Philo pieces. But I found Phoebe Philo because of you. I'm eternally grateful. I love the gig bag. And I love my boyish trousers. But I can't buy the suit. I can't buy the suit because I got to try it on. Yeah. You need to come to the Gallery Lafayette store or to Dover Street in London. But I think the Gallery Lafayette store, the people who work there are truly amazing. I feel like a few of them worked at Celine when she was there there they totally get it they are kind to everybody they treat everyone exactly the same and the nice thing about Phoebe is like I was just talking about this with a friend the same friend who we were talking about Saint Laurent like it's a wide pricing range so you can buy a t-shirt for 500 bucks like yes it's a t-shirt but it's a very, it's the perfect t-shirt and sandals for 900 euros or whatever that are 1500 in the U S.

48:06So like in Europe, it's not, I'm not saying it's cheap, but it definitely, there's like pricing and trousers are a thousand euros. Many designer brands now trousers are 2000. She has the best pants, best pants. They're so good. I have the boys trousers too. I love them. And then I wear a lot of Sandro and Maj. Interesting. Why Sandro and Maj in particular? Um, because they fit well, they're very well made, they're priced very well, and you don't see it on every single person. And it mixes and matches with all my other stuff. That's interesting. I'm I love that. I'm gonna look look more closely at that stuff.

48:46Okay. Let's talk about YouTube. How did this happen? Oh, so did not YouTube. I mean, it's TikTok. Yeah, TikTok. Yeah. I see you on Instagram because I'm not really on TikTok. But when I go on TikTok, you're the first thing that comes up because you're the only person I follow. OK, but but like when did you start you and your mom going on talking about particular and also like tell the audience for people who don't who haven't seen them like what the concept is and everything. Yeah, well, let me go through the background. So I own a skincare line called Restoracy. We sell through doctors. In 2023, I thought, at the end of 2022, I thought I would have to close my doors because I lost half my accounts.

49:33I lost half my accounts for two reasons. One is, is that private equity bought a lot of practices and they turned them into general derm practices who no longer sold skincare. The second issue is, is more importantly, is that every young dermatologist and doctor, they all want to be influencers. I kid you not. I was at a very big conference called ASDS five years ago, and I had all these 30-year-old dermatologists screaming, Patty and Joanne, Patty and Joanne. I had breakfast with them and they all want to be influencers. And I'm like, oh my God, who's going to take care of me? And they're like, we don't know.

50:15So my business was not good. So my board said, what are you going to do? I go, I need to become an influencer. And they're like, excuse me? And I go, well, the best influencer is a founder. The best way to monetize is through a product. I have a great product. I'm a founder. I need to be an influencer. and they're like, how are you going to do that? So on September of 2022, and the only reason why I went on TikTok was was because in August of 2022, I had COVID where I was in bed for 10 days. All I could do was watch TikTok. I became obsessed with Bama Rush. And so I'm like, huh, I need to kind of figure out how I could be on TikTok.

51:00So in September, we posted. By December 24th of 2022, we had a whopping 68 followers. On December 24th, I posted, my mom and I were going to Trader Joe's to get a salad. I posted an OOTD of her. I forgot about it. Two hours later, so this is Christmas Eve, I come back. We went from 68 followers to 10 ,000. And we had 2 ,000 comments. So I'm old, Lauren. I didn't realize that people don't expect to be answered. I answered all 2 ,000 comments. And it bound everybody to us. And that's what started the whole journey. So the premise behind this is honestly to build awareness and trial of restoracy.

51:49My mom is the top of the funnel. People come in because she's 92 years old. And I realized everyone your age and younger are afraid of getting old. It's the weirdest thing. Nobody my age cares about being old. Everyone cares about getting old. They looked at my mom and now they look at me because I'm 65 and they're like, Jesus Christ, these people look great. But you look, you don't look a day over 45, Patty. Yeah, you're very kind. But it's true. But literally, they're like, oh, my God, we can actually age well. And so. Yeah. And your mom doesn't look a day over 70. Yeah. So she's the top of the funnel.

52:27and when they talk about niching down, we are the only people on social media doing this, right? Like how many mother-daughter teams are there? How many mother-daughter teams who are 92 and 65? And how many mother-daughter teams have a 40-year collection of Chanel? So that's kind of what happened. So the strategy is that we post three, sometimes four times a day. There's a Restoracy video. there's a lifestyle video because people want to know like what we eat going grocery shopping and then we give them what they want which is either a get ready with me video or an ootd of my mom by herself so that's kind of how we built it um knock on wood we're still growing amazing we i still answer every single comment how long i can that can be i don't know but you know it takes a lot for people to comment.

53:22I mean, you run the line sheet, you know this. It takes a lot for people to write to you. So you need to write back to them. And you're very good at that as well. I try. I really do try. It's not always, but I try my hardest. That's interesting. Has it helped the business? I mean, you're still in business. Yeah, our business is up by 35%. We've been growing double digits every year. It flipped where it used to be 70 % doctors, 30 % D to C. Now it's 70 % D to C, 30 % doctors. Interesting. And what have you learned from responding to all these comments? What do you think about the consumer today?

54:04What are people interested in? What have you learned about the human race by engaging so deeply with your followers? I learned everyone's afraid of getting old. Everyone wants to be young and beautiful. Everybody loves Chanel. And everybody thinks you have to be rich to buy Chanel, which I stopped arguing with people about it. I'm just like, I just have no money. All of my money is either in Restoracy. It used to be in Chanel. Now it's in Restoracy. But I also learned that people want quantity over quality. And my mom always said, it's better to buy one great thing than 500 little things. And so I think I've also learned too, though, that people are very kind.

55:00Like our community is extremely kind. And I want to thank them. And I'm not saying that gratuitously. So what does that mean? so when we've I first got on people are like going your mom is so fabulous but you were so fat you know your mom is so fabulous but you're not attractive and I'm like that's cool I'm okay I'm okay with being big it was really interesting because our community drove all the trolls away they're like they're like you're a terrible person she's a great daughter you know da da da da da and I'm like, wow. So people are very, very, very, very kind. And I really appreciate that.

55:38But the other thing that's hilarious is, is apparently I don't look really good on film because when people run into me, they're like, oh my God, you're not fat. You're so pretty. Well, this is the thing. I was like, you're not fat, Patty. Like, and also you are very beautiful. And you have amazing skin. But it was hilarious. Thank you. But even if you were fat and not beautiful, it doesn't matter. But you are. You are both of those things. But you know what? I could only do this being 65. Because honestly, when I say, by the time you're 65, I was saying this to my business partner. I'm like, you honestly don't even care what people think about you anymore.

56:20I am a 65-year-old woman of color, the daughter of immigrants. I just kind of let it rip. And you're like, oh yeah, you're letting it rip. Yeah. I love it. I mean, thank God you let it rip, Patty.

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58:30Okay, so I want to hear what your future plans are for the platform because you two are amazing. I want to talk quickly about Chanel and what you think they have done differently than the other companies, because for years and years and years, it was like the Chanel's the playbook. You mentioned Bernard Arnault. I mean, the, I think he would admit like that Chanel was the playbook for what he did at LVMH. I mean, Dior especially, but all of them, like, it's like you take a famous designer, you have amazing shows that drives the, the leather goods business and, and the ready to wear and all that stuff.

59:11No, no, no. And obviously the beauty, but. No, this is the Wertheimers. The Wertheimers are very, very smart people. The Wertheimers. So this is the reason why I could never work at Chanel. To work at Chanel, you have to be a brand shepherd, which means you follow the rules. and the Wertheimers were very good about really articulating what the house stood for. And even Karl Lagerfeld, everybody is within this box. Mr. Arnault did not do that. And that's why, look, I think Jonathan Anderson is really talented. I think he is so charismatic. I think he's a great designer. but it's kind of a mess because Dior did not practice that same form of brand shepherding.

1:00:02They let kind of every designer do their own thing. And so now there's really no look to Dior. The Wertheimer family, Chanel, even if they, even if Mr. Blasey was a bust, which he's not, even if he didn't work, the house of Chanel would still be great. Yes. You're right. Right. Because they're they're kind of in this box. Right. And they just happened. I don't know how. I would like I mean, I want you to talk to the Wertheimer tip to Alan Wertheimer to Mr. Wertheimer and ask him, how did you. and Mrs. Nair figure out Matthew Blasey? Because Lauren, you didn't even call it and you're on the inside edge.

1:00:52How did you figure this out? Because, and how did you know he would work? I think Bruno Pavlovsky would like to put his name in there too. He would very much like to be credited with the hiring of Mr. Blasey. But you're right. I think like it was all of them together but yes but you know what even if he didn't work out the house of chanel would be fine um they are not dependent on a designer it just i mean and chanel will tell you this mr pavlovsky who i know you're close with he will tell you i'm not close with him this this whole sold out thing is like bullshit they were very nervous because they had all these clients going yeah i mean we were all doing the primal scream other than brian boy every one of us brian boy had the vision but i guarantee you 98 of the vics we were all doing the primal scream except for brian boy so kudos to him well i think that's probably because he was an editor okay he has the combo and i think like for editorially that first show was like but i could understand why the clients were nervous They're sold out because they made very few pieces.

1:02:09Yeah. They're sold out for Metier because they made very few pieces. And they're like, ooh. Because I'm like going, I can't buy anything. And they're like, it will change. They go, don't worry. It will change. I go, no, no. I'm telling you, I can't buy anything because I need to look at it. They go, it will change. We will figure this out for you and with you. And I'm like, oh, you're cutting more pieces. They're like, we're cutting more pieces. So the whole hype around him of being sold out, this is not any shade against him. But it's because if you make 10 pieces, you're going to sell out. Yeah, I've heard this also from people not at Chanel that like the numbers that they even the numbers that they released that the business is up 16%.

1:02:56They didn't release them. Bloomberg got them from someone that that's not exactly right. Like I don't know if the 16 % was across the business or what, but they were like it wasn't that much because they just didn't have enough stuff for it to even be that much. But then I've heard there are certain categories that are up 300%, but I think that's like denim and stuff like that, that they would have cut a lot and not as many people would have bought it or what have you. I think they sold a lot in shoes, but they, okay, so there's a handbag that I want. I'll text you the picture from fall, winter.

1:03:33It's a spur maxi flap. It's like this wild bag. literally when I showed it to Chanel US, they're all like, and I go, what do you mean? They're like, nobody ordered it. I go, what do you mean no one ordered it? They go, and that's where the conversation started. And so I'm like, I'm giving you six months to find it. I go, I will commit to this bag. I don't care if I have to go to debtor's prison for this bag. I will, I will commit to it. But that's kind of what happened because I think they were pleasantly surprised. And I give Mr. Blasey a lot of credit. I don't know how he works under all that pressure.

1:04:15I mean, it's a lot of... It's amazing. I think a lot of it is him and his personality. And I also think that you're right. I think you've hit the nail on the head, which is that this business is set up to be a business and the brand is first. and they want to give the person creative freedom and let them be creative, but the business is not going to live or die on the collection working. And that is why. And that was the same case with Carl. We just didn't think of it that way because he was so important. But he wasn't, if, you know, and that's why I worked with Virginie too. Like, even though editorially, I don't know how you felt about her.

1:04:57I love Virginie. You loved it. See, a lot of clients did. Obviously, like, we all thought it was horrible because it was so depressing to see it on the runway. But when you would go into the store, the stuff was amazing. So yeah, I, I love Virginie because she was this really hip, cool 56 year old woman, the daughter of a Formula One Grand Prix guy, and a rock and roll girl. And she understood women who worked. She understood us. and so you could actually if you saw how i packed my chanel you would be like horrified i only travel with carry-on i i roll it up i stick it in my base bag and i go she understood that carl did not understand that but lauren you have to understand like we knew carl lagerfeld and bought bought from him before he was carl we knew carl lagerfeld when he was doing personal appearances in department stores so it just takes time and the fact that Mr.

1:05:55Blasey has broken out. Okay. It felt like six collections. Brian Boy's like, Patty, it was only two. Right. But I go, it just felt so long. But you know, and the fact that he broke out after two collections is kudos to him and the house. It's amazing. I really want to do a live show with you, Brian Boy, at a Chanel store. Okay. Yeah. Come to Houston. Bring it, come to houston that would be really fun actually yeah let's figure it out yeah come to houston because i don't think chanel is going to be sponsoring me anytime soon but maybe there's like some sort of sponsor yeah who could do it we'll figure it out i'll ask brian boy he's a little more resourceful yeah um we'll figure it out i think it could be really fun though and have like a bunch of clients come and just have a round table about it it could be great They should really do a show in Houston.

1:06:54Because did he do Dallas? Did Carl do Dallas and Houston for? Yeah. Well, it's because the French think Houston was a bunch of hillbillies until Nathaniel Wertheimer, who's a nephew who you need to meet. He's kind of working his way up. He's like your age, Nathaniel Wertheimer. He came to Houston. That sounds familiar. here he came to houston he's like oh my god i go yeah a lot of money here it's just quieter and um and it's like so much art and and it's um but it could be really fun we'll figure it out because my mom doesn't travel but anyway so yeah okay yeah no we could come i love it that's a great idea i'll talk to brian we'll figure something out um patty what what's your kind of ambitions for this?

1:07:46I'm curious if you've gotten business, if you've made any money through the social media not connected to Restoracy or been approached by brands for sponsorship or that element of it. So we're not influencers. We're doing this to promote Restoracy. When we talk about things, we talk about things that we love right so um you know that's kind of how it is i don't think we've not been approached we don't take deals you know how you don't you don't take free goods but you'll take discounts i love that um we don't take deals because our goal is is to use this channel and i'm being very honest i mean i say this to everyone the goal is is to use it to build awareness and trial of restoracy.

1:08:39Everything else is just to get everybody excited and involved. You know what? I'll never forget, Patty. Once you had a restoracy event and press trip and you gave everyone Hermes bracelets. Yes. Do you remember that? Yes. I didn't go on it, but other people did and they got Hermes bracelets. It was really fabulous. Yeah, yeah. No, I love. Oh yeah, Brit went. Oh, my God. Yeah. That was an amazing trip. And I love Hermes, too. I mean, it's like the Dumas family are geniuses. And I'm going to leave you with this because I know you have to go. So the Dumas family is like, you know what? You and your mom have been clients for 40.

1:09:20Because I go, I don't understand this whole like make people buy shit. And they're like, no, no, no. They go. We despise the secondary market. people buy things and then they sell it on the secondary market drives us crazy you and your mom can buy what you want we've known you for 40 years and i go huh and they go this is the deal patty we were a 22 billion dollar company they go could we but they said we're a 22 billion company with like an 87 % gross margin. Right? Because they manage their business so well. They go, there are other companies, not mentioning names, but you know, that could be, that are$300 billion, but their gross margin is 13%.

1:10:13Yeah. So, you know, it's just how you run the business. And I like the way the Dumas family runs their business. As do I. Patty, a pure pleasure I would say it in French but everyone will make fun of me so I appreciate you this has just been so fabulous I adore you and I'm grateful for your friendship and your years of guidance and I can't wait for you to meet Fritz soon and good luck with Restoracy and keep doing those videos even if you sell Restoracy Thank you for everything. Really appreciate it. You're the best. We'll talk soon. Okay, bye.

1:11:20Thank you.