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London · Cyprus Mail

How the Hermes Birkin bag is losing its scarcity appeal

By Tassilo Hummel, Helen Reid and Alessandro Parodi London-based Cai Baochun used to make a hefty profit reselling Hermes’ famed Birkin bags for more than double their $10,000 retail price. Now he has stopped stockpiling them as second-hand prices fall. “I don’t want to lose money,” said Cai, who st

11/7/2026 · Read at Cyprus Mail →

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