Caroline Bui is the founder and owner of ‘The Birkin Fairy,’ a luxury consignment shop for Hermès products. After working at Hermès for 12 years, she launched the online shop and has since sold nearly $US2 million of used Hermès items. This is her story, as told to freelance writer […]
Caroline Bui, the Birkin Fairy, worked at Hermès for 12 years. After having two kids, she wanted more flexibility in her schedule and launched her own luxury consignment shop.
Christie’s is in the midst of its “Summer in the City” handbag auction, which is set to end July 28. The auction includes various styles of Hermes bags, including the beloved Birkin and Kelly bags. Business Insider teamed up with Christie’s to highlight some of the most expensive bags the […]
Hermès, famous for its luxury Birkin bags, pulled in $US2.7 million from wealthy Chinese consumers shopping in Guangzhou last Saturday, according to a new report from Women’s Wear Daily. The French retailer received a shipment of rare Hermès products and saw an influx of customers from across the province to […]
The luxury fashion industry continues to suffer amid the COVID-19 pandemic. As Business Insider previously reported, from January 17 to March 11, the MSCI Europe Textiles, Apparel & Luxury Goods Index fell 23%, seeing $US152 billion in market value erased. Many fashion houses have already postponed or cancelled their shows. […]
Online investment platform Rally has partnered with luxury reseller Privé Porter to allow people to “invest” in rare and new Birkin handbags. The first bag goes on sale today and has no minimum or fee to invest. There are 2,000 shares available, and each share costs $US26.25, which values the […]
French luxury stocks dropped on Tuesday after US President Donald Trump threatened to slap tariffs on $US2.4 billion worth of wine, cheese, handbags, cosmetics, and other French exports. LVMH, Christian Dior, and Kering dropped about 2%, while Hermès slumped 2.6%, wiping a combined $US9 billion from the four companies’ market […]
Luxury fashion stocks are soaring after LVMH, the parent company of Louis Vuitton and Moët, revealed better than expected sales for the third quarter. Investors feared the Hong Kong protests would dry up luxury brands’ sales, but the strong showing by LVMH, a bellwether for fashion brands, suggested otherwise. LVMH […]
HermèsBirkin bags are the most expensive bags in the world, ranging from $US40,000 to $US500,000 for a single bag. Named after actress and singer Jane Birkin, the iconic bag is handcrafted and strictly exclusive, which drives the value of the Birkin year after year. A 2017 study revealed that the […]
Kylie Jenner is second highest-paid celebrity, according to Forbes, earning $US170 million in pretax income in the past year. Kylie is the wealthiest member of the Kardashian-Jenner family, with a net worth of $US1 billion. In March, Forbes named her the youngest self-made billionaire ever, though many critics argue she’s […]
There are 16 heirs to the Hermès fortune, but two cousins, Pierre-Alexis and Axel Dumas, are at the head of the ultra-luxurious Parisian fashion house that rakes in billions of dollars in profit each year. Bloomberg estimates put the Dumas family fortune at $US49.2 billion, making it one of the […]
Luxury stylist Nicole Pollard Bayme, founder of luxury style firm LALALUXE, spends her days buying for billionaires, sitting in the front row at fashion week, and creative consulting on interior design projects and events. She recently told Business Insider that she once dropped $US1 million on a one-day shopping spree […]
The RealReal is going public and could be valued at $US1.6 billion when it begins trading on Friday. We visited the luxury reseller’s NYC location where an authentication expert walked us through how to spot fake designer goods. We looked at two versions of Adidas Yeezys, Hermes Birkin bags, Chanel […]
Watch website and retailer Hodinkee has announced its latest collaboration, this time with Hermès. Two new luxury watches are available, one for $US7,650 and the other for $US14,700. Hermès isn’t as well-known as Rolex or Omega, but it has a long horological history and has kept itself relevant through its […]
Once you’re making a steady income – and hopefully putting some money aside, too – buying everything off the high street or shopping only in the sale loses its appeal. No matter how long it takes to save for them, there are some items you should splurge on so they […]
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Hermes, the makers of the iconic Birkin bag and...