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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]
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...
Whether you grew up longing for a Louis Vuttion Speedy or have forever idolized Gucci and Chanel, the best luxury purse brands never fail in the arm candy department. Though the investment is ...
The most expensive Birkin bag to sell publicly to date was at a Sotheby’s auction in 2022, where the “Diamond Himalaya Birkin,” a bag studded with 205 white diamonds, sold for over $450,000 ...
An It bag is a high-priced designer handbag that has become a popular best-seller. The phenomenon arose in the fashion industry and was named in the 1990s and 2000s. Examples of handbag brands that have been considered "It bags" are Chanel, Hermès and Fendi.
The Kelly bag (formerly known as the Sac à main de Voyage) is a leather handbag designed by the Paris-based, high-fashion luxury-goods manufacturer Hermès. The bag was redesigned several times before it was popularized by and then named after the American actress and Monégasque princess Grace Kelly. The bag is now an expensive status symbol.