We’ve all heard the traditional advice that the best investments are those made in the stock market, saving in a 401(k), and buying a house. But younger generations have started touting nontraditional investments like buying a Birkin bag or other collectibles as a surefire way to bring in extra bucks. Influencer and WWE wrestler Logan Paul recently said going beyond normal investments can be worth it. “If you’re young, there are ways to spend and invest your money in ways that might mean more to you tha ...

人事变动 - Hermès 任命 Grace Wales Bonner 为男士成衣系列创意总监 [1] 公司战略 - Hermès 聘用了一位以融合高级定制与广泛文化研究而闻名的 35 岁设计师 [1]

Hermes sales grew as the Birkin bag maker continued to attract wealthy shoppers — especially in the US https://t.co/Ps23Ycgbht ...

Core Insights - Hermes reported a 9.6% increase in third-quarter sales, indicating a slight improvement in the key market of China, outperforming its peers as affluent consumers spent on luxury items priced at $10,000 and above [1] Company Performance - The sales growth of 9.6% in the third quarter highlights Hermes' strong positioning in the luxury market, particularly in China, where wealthy shoppers are increasingly purchasing high-end products [1] Market Trends - The performance of Hermes suggests a positive trend in luxury spending among affluent consumers, especially in the Chinese market, which is crucial for luxury brands [1]

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 ...

Auction Highlights - Original Jane Birkin Hermes bag sold for €8.6% million [1][2] - Only one fashion item has ever sold for more at auction, a pair of Wizard of Oz slippers at $32.5% million [1] - Bidding for the Birkin bag started at €1 million [1] - A Japanese buyer bid €7 million [1] Birkin Bag Details - The original Birkin bag was sketched on an airplane vomit bag [2] - Hermes commissioned the bag for Birkin in 1984 with the JB initials [3] - The previous record for a handbag at auction was $513,000 [2] Cultural Impact - Birkin joked her obituaries would mention "Like the bag" [3]

Market Trend - 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]

Birkin Bag Auction & Value - Original Birkin bag sold at auction in Paris for $10 million [1] - Hammer price at auction was $8.2 million [2] - Bidding started at $1 million [2] - Birkin bag went on the market in 1984 [5] Birkin Bag History & Design - Birkin bag was created for Jane Birkin in the early 1980s [1] - Design originated from a conversation on an Air France flight in 1981, with Jane Birkin sketching her design on a vomit bag [3][4] - The bag was born out of a need for practicality [5] Birkin Bag Exclusivity & Market Dynamics - Birkin bag is one of the world's most exclusive and expensive fashion accessories [1] - Acquiring a Birkin bag requires building a relationship with the brand and sales associates, potentially taking years [7] - Supply is low, demand is high, resulting in very high prices [8]