Louis Vuitton, the latest luxury name to report results, giving us some clues about how how the high-end consumer is holding up. Robert Frank is here with that story. Better than the low-end consumer, right.>> Certainly. And it was really interesting stock action this morning with LVMH. It was down initially.Now it's bouncing back after that initial fall. And that's because it was a weak quarter for the world's largest luxury company. Overall sales down 4%.Its core fashion and leather goods. That's the big ...

Market Trends - A Birkin bag was sold for 860万欧元 (approximately $10.1 million), setting a new auction record for handbags [1]

Part of the explanation for the bag’s exorbitant price—and the one that Hermès likes to emphasise—is the exquisite workmanship. Each Birkin is the handiwork of a single craftsman, who takes up to 18 hours to complete the job https://t.co/aLtI3el8Jj ...

Jane Berkin's original Hermes bag just sold at auction for a massive $8.6% million. That's equal to about€ 10 million US. Sues said only one fashion item has ever sold for more at auction.A pair of red slippers from the Wizard of Oz, which sold for $32.5% million last year. Bidding for the original Birkin started at €1 million, but quickly shot up. A Japanese buyer topped the rest at €7 million.Add on the fee, and we get to a whopping €8.6% million. The previous record for handbag at auction $513,000. The A ...

The original Birkin bag sold for $10.1 million at a Sotheby’s Paris auction setting a new record for most expensive handbag sold at auction https://t.co/zsc6ToaRHH ...

And the original Birkin bag. It was made for the late singer and actress Jane Birkin. It just sold at auction in Paris for an eyepopping $10 million.Here's a look at this black leather bag. It was first created in the early8s. It has since become one of the world's most exclusive and expensive fashion accessories for its sky high prices and long waiting list.That's if you can even get on the waiting list. NBC News correspondent Danielle Hamjin. She is following this one for us from London.Danielle, so tell ...

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Auction Market - A Birkin bag was sold for $10.1 million at a Sotheby's Paris auction [1] - The sale set a new record for the most expensive handbag sold at auction [1]