From Livemint
Center-Right Owned by HT Media Ltd.Hermes Birkin bags built their reputation on rarity, but shifting resale demand is changing the conversation
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The Hermes Birkin bag is losing some of its scarcity-driven appeal as second-hand supply grows and resale prices fall from pandemic-era highs. The shift is putting pressure on a luxury business model built around exclusivity, demand and high resale premiums.