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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.
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. Birkin bags can double in value in 5 years.
[32] [33] One 2016 study found that Birkin bags had average annual returns of 14.2% between 1984 and 2015, significantly beating the S&P 500 Index in returns over the same period. [34] In April 2010, Hermès announced that the waiting list would no longer exist, implying that these bags are potentially available to the general public.
Hermès Birkin bags start at around $10,000, with rare models fetching upwards of $500,000. The most expensive Birkin bag to sell publicly to date was at a Sotheby’s auction in 2022, ...
Each Birkin bag is like a work of art; it takes hours for a single artisan to create a piece from scratch. That limits how many Hermès can produce and supply worldwide, lending its bags the ...
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In other words, to unlock the opportunity to buy a $12,000 Birkin, a shopper would first have to spend $12,000 on other products from the brand. What you buy matters
Birkin handbags are some of the priciest, most exclusive bags in the world. Hermès produces a limited number of Birkins and they can sell for around $450,000. And just having the money often isn ...
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The premier shopping destination for designers - Entrepreneur.com