The original Hermès Birkin bag sold for a record $10.1 million at Sotheby's Paris, setting a new "milestone" in the luxury ...

The unique and original Birkin bag that fashion house Hermès made for actor and singer Jane Birkin has sold for 8.6 million euros ($10.1 million), including fees, at auction in Paris.

The French-based maker of the ultra-exclusive “King of Bags” — the Birkin, a favorite of celebrities like Jennifer Lopez and Kim Kardashian — reported $3.99 billion in revenue for the ...

“As someone who has built a business around sourcing and selling Hermès, and who has a personal obsession with the craftsmanship and cultural power of luxury handbags, the decision to bid on Le Birkin ...

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.

Madison Avenue Couture specializes in previously owned Hermes bags.© Tamara Beckwith Judy Taylor is the CEO of 15 year-old MAC, which just opened a show room on W. 57th St.© Tamara Beckwith ...

Pierre-Alexis Dumas is a sixth-generation descendant in the luxury Hermès empire known for its Birkin and Kelly bags. He insists the handbags aren’t expensive, they’re just costly.

SALES FORECAST: The French luxury group is expected to report revenue of 8.05 billion euros ($9.45 billion) for the first six months, according to a poll of estimates by 13 analysts compiled by ...

Analysts say the Birkin and the Kelly account for between 25% and 28% of Hermès' total revenue. The bags often double or triple in value on the resale market.

Let’s uncover why. The Business Model of Hermès Hermès has 16 métiers (This is what Hermes calls their divisions), which translates to fields of specializations or craft profession.