January 28, 2026
Whether looking at a purse, a watch, or a car, if the secondhand price is skyhigh (and falling), then luxury economics can explain why.
Whether looking at a purse, a watch, or a car, if the secondhand price is skyhigh (and falling), then luxury economics can explain why.
With the original Birkin bag selling for $10 million at auction, resellers and counterfeiters are raising their Birkin bag prices.