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Jim Cramer Says Its 'Just Crazy' That Costco Sells Discounted Hermès Birkin In Chinese Warehouses: 'Love This Stock But...' - Costco Wholesale (NASDAQ:COST)
Benzinga· 2026-02-05 09:09
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.This approach, first rolled out during Costco debut ...