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Spotlight | France
How second-hand sales send Hermès bag prices soaring

Reading time 5 min
Among Hermès bags, the Birkin and Kelly models are very popular on luxury consignment platforms.
Among Hermès bags, the Birkin and Kelly models are very popular on luxury consignment platforms. © Studio Pachamama

Manufactured in limited quantities, Hermès's most sought-after bags are at the core of a resale system orchestrated by second-hand luxury retailers, which sell brand-new items as if they had been pre-owned. That practice distorts the market and ramps up prices.

This article is part of this Running Story

Brands brave the Wild West of the second-hand market All articles

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