Despite two recent blockbuster auctions for Birkin bags, overall auction prices for the iconic Hermès handbags are falling, according to a study.
Earlier this month, a Birkin bag previously owned by… [+2499 chars]
Birkin bag prices are sinking at auction despite high-profile sales - CNBC
Luxury experts say aspirational luxury consumers are facing new pressures from inflation and a slowing job market, meaning fewer Birkin buyers at auction.
By:Robert Frank
Source:CNBC
Published:
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