![]() ![]() It brought about an interesting discussion with my wife about who would carry a birkin and who wouldn't. What I don't understand is why a particular style of bag would become a status symbol. Thanks to this board, I have been educated that Hermes may, in fact, make the best or amongst the best handbags in the world. The author even managed to make a profit flipping the Hermes knick knacks he bought at full retail as his ticket to the Birkin purchases. Obviously, the scarcity was false as the author figured out he could buy a handbag if he spent about $1,000 on other stuff first (what he called his "Birkin Bait"). PArt of the reason seems to be that Hermes claimed supply of the bags was very limited, creating artificial scarcity. ![]() I can't quite fathom why a handbag would command a premium but, obviously, it does. The most interesting facet of the book was the idea that someone could buy an Hermes Birkin bag at full retail and then make money flipping it at a profit. The book is about the authors' adventures buying "rare" handbags from Hermes shops around the world and reselling them to collectors. So I am not sure if I have read all or just most of it. It has some good anecdotes but is written in such an insultingly bad style that I couldn't read it through and so skipped around it in multiple attempts. Anyone read Bringing Home the Birkin, by Michael Tonello? I may have just finished it, though I am not sure. ![]()
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