Luxury handbags, like the Hermès Birkin, have shown a 14.2% annual value increase from 1980 to 2015, surpassing the S&P 500's return.
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Maroc - Times of India - Life & Style - 03/Jan 13:30
People have stopped buying the Birkin bag!
A ₹6,500 leather handbag from Walmart, resembling the Hermès Birkin, has become a viral sensation, offering a taste of luxury at an affordable price. Priced between ₹6,500 and ₹8,500, the 'Walmart Birkin' appeals to those seeking high fashion without hefty costs, reflecting changing consumer preferences and challenging traditional luxury market exclusivity.
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