The Birkin bag resale craze may have hit its peak, serving up a dose of reality for Gen Z aspirational luxury buffs coveting the Hermès accessory as their next big investment piece.
The luxury handbag flung across the elbow of celebrities like Cardi B and Heidi Klum has appeared to have lost some of its appeal on the secondhand market, new data shows, though it continues to sell for higher than its eye-popping five-figure retail value. Birkin bags are a particularly hot commodity on the resale market because of how difficult it is to get the product new, requiring a customer to be a loyal Hermès shopper or build a relationship with a sales associate.
