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"Hermès is playing in a different league," JPMorgan analysts said in a note, referring to the French luxury brand that rivals LVMH and Kering.
Pierre-Alexis Dumas is a sixth-generation descendant in the luxury Hermès empire known for its Birkin and Kelly bags. He insists the handbags aren’t expensive, they’re just costly.
Why are Birkins so expensive? The Birkin bag was “born in the sky, in 1984, on a flight from Paris to London,” according to Hermès. The late actress Jane Birkin was seated next to Jean-Louis ...
A couple walk with Hermes shopping bags as they leave an Hermes store in Paris March 21, 2013. Hermes on Thursday said operating margin last year reached its highest level since the French luxury ...
Much like shoes and jewelry, handbags are more than just an accessory, they're a status symbol. Handbags have long been a part of women's fashion, dating back to 1854, when Louis Vuitton...
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Thanks to its exclusivity and its status as an investment piece, a Birkin bag’s value is much higher than its sticker price of around $12,000.
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