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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.
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.
How Jane Birkin inspired the capacious saddle-stitched status symbol worn on the arms of A-List celebrities today — and why the bag’s prices have been soaring.
Birkins are a popular item with handbag collectors, and were once seen as the rarest handbag in the world. [5] [6] The bag's value is a matter of its intentionally high price, which has led to its being described as a Veblen good. [7] [8] In 2020, retail prices start at US$11,400 for a Birkin 25 bag. [9]
Right Side Broadcasting Network (RSBN), also known as Right Side Broadcasting, is an American conservative media company founded by Joe Seales in 2015. They are best known for their live stream coverage of Donald Trump 's rallies, town halls, and public events on their YouTube and Rumble channels.
Today, Hermès features products like charms (starting at $40) and an oversize panda-bear bean-bag made of Clémnce bull-calf leather (most expensive at $100,000). [33] One of the known classics, the Birkin, was named after actress Jane Birkin and created by Jean-Louis Dumas in 1984. [34] Today, Hermès has 283 stores worldwide. [35]
The notoriously exclusive process of acquiring the iconic handbag, which can cost between $8,000 and $450,000, is now the target of a class-action lawsuit.
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