Jim Cramer Says Its 'Just Crazy' That Costco Sells Discounted Hermès Birkin In Chinese Warehouses: 'Love This Stock But...'
Jim Cramer, the host of CNBC’s “Mad Money”, highlighted Costco Wholesale Corp.‘s (NASDAQ:COST) move to sell authentic Hermes Birkin bags and select Chanel products at a significant discount in Chinese warehouse display cases. “Love this stock but this one is just crazy!! wrote Cramer. He responded on a post on X reporting the development. The bags are being sold of around $14,000 in Chinese warehouses, far below typical average market price, stated the post. Don't Miss: The ‘ChatGPT of Marketing' Just O ...