In recent months, research showed that average resale premiums for Hermès Birkin and Kelly bags fell from 2.2 times retail prices in 2022 to 1.4 times, even as Bain & Co. reported a 3% early‑2025 contraction in the global luxury market and the loss of about 50 million customers. At the same time, Christie’s-backed luxury asset manager LUXUS launched new funds focused on trading Birkin and Kelly bags, underscoring how Hermès pieces are being treated as financial assets even as…
