Is Hermès more luxury than Chanel?

I'm curious to know, when it comes to luxury fashion, does Hermès hold a higher status than Chanel? Both brands are renowned for their exquisite craftsmanship, timeless designs, and association with elite clientele. But which one truly embodies the essence of luxury more profoundly? Is Hermès, with its rich history of saddle-making and iconic Birkin bags, seen as the ultimate symbol of luxury and exclusivity? Or does Chanel, with its timeless Coco Chanel designs and iconic No. 5 perfume, retain the upper hand in the world of high-end fashion? Let's delve deeper into the debate and uncover the answer to this intriguing question.