As far as investments go, only a few luxury designer handbags gain, rather than lose, value over time. Hermes Birkin bags have an average annual increase in value of 14.2%, outperforming the S&P 500.
Meet Pierre Laborde, the Haitian-born designer behind the coveted luxury handbags taking over New York City’s Grand Bazaar.
Luxury handbags have outperformed other collectibles in recent years and are increasingly viewed as a potential investment category in the eyes of consumers and analysts, at least according to some ...