Why Hermèsâ coveted Birkin bag is losing its appealâ and plummeting in price
London-based Cai Baochun used to make a hefty profit reselling Hermèsâ famed Birkin bags for more than double their $10,000 retail price. Now he has stopped stockpiling them as second-hand prices fall. âI donât want to lose money,â said Cai, who started selling the bags on online platforms such as Vestiaire Collective and on social … Read more