By charging more, the industry is inadvertently encouraging its shoppers to buy from cheaper rivals and the resale market.

The price of a basic Hermès Birkin handbag has jumped $1,000. This first-world problem for fashionistas is a sign that luxury brands are playing harder to get with their most sought-after products.

As such, the right bag is essential! But bags can also be one of the most expensive pieces, especially if you're looking for ...

one influencer photo can sell 100 bags in three days,” says Fabio. Luxury brands have been slow to embrace e-commerce in the past due to reluctance among consumers to buy expensive, high-end ...

An curved arrow pointing right. Hermès Birkin bags are one of the most expensive and elusive bags in the luxury-handbag world. Many clients rely on resellers like Madison Avenue Couture, which ...

Following is a transcript of the video. Narrator: Hermès Birkin bags are some of the most expensive bags in the world, ranging anywhere from $9,000 to half a million dollars. The bags embody ...