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Hermès Birkin Bag Resale Values Drop Amid Economic Struggles

12/18/2025

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Summary

Story summary

Resale premiums for Hermès Birkin bags declined from 2.2 times retail value in 2022 to 1.4 times in late 2025.
The decline reflects broader economic challenges, including inflation and a contraction in the luxury market.
Recent analyses indicate the appreciation of Hermès Birkin bags is overstated.
Hermès remains a leading brand in the secondhand market and continues to appeal to Gen Z consumers who view luxury items as investments.

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Story summary

Resale premiums for Hermès Birkin bags declined from 2.2 times retail value in 2022 to 1.4 times in late 2025.
The decline reflects broader economic challenges, including inflation and a contraction in the luxury market.
Recent analyses indicate the appreciation of Hermès Birkin bags is overstated.
Hermès remains a leading brand in the secondhand market and continues to appeal to Gen Z consumers who view luxury items as investments.