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Hermes Kelly Bag Fetches Record Price at Sotheby’s Auction
ByAngelina Rascouet
September 30, 2022, 7:16 PM GMT+8
A Hermes handbag fetched a record price for a Sotheby’s auction, the latest evidence that rare luxury items are increasingly seen as stores of value by investors and wealthy buyers.
The Himalaya Retourne Kelly 25 bag sold for €352,800 ($346,802) in a Paris auction that ended Thursday, Sotheby’s said. The crocodile-skin handbag in mother-of-pearl white, reminiscent of a snowy mountain landscape, sold for almost three times Sotheby’s pre-sale estimate.
This model is viewed as a “real investment for the long term,” said Morgane Halimi, global head of handbags and accessories at Sotheby’s. It’s also “one of the hardest bags to obtain” in a Hermes boutique, helping to explain its resale price, she said.
The bag, manufactured this year, cost “a few tens of thousands” of euros at retail, she said.
Its part of the marketing plan for luxury brands to be "household names." Thats why they always lease places with high foot traffic, even if only a minuscule percentage of those who see the stores can afford it.
How many people who pass by Glorietta 4, Orchard Road, or Canton Road can afford luxury goods? Not many (definitely more in the last two examples) but they just want the brand awareness, visibility, and accesibility
There are luxury stores hidden inside office buildings only open on request.
Exclusively bespoke? I don't think so. Even the Royal Family buys brand names.
What I'm saying lang luxury bags have become aspirational items na when pre internet it wasn't. Anyway, magulo or malabo lang siguro ako magpaliwanag
Here's Princess Diana carrying a Louis Vuitton toiletry pouch. I suppose this was in the 90s
This is recent Lady Louise Windsor in a Chloe bag.
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and if im going to buy luxury bags for investment i will shy away from Louis Vuitton because you can see many replicas of that brand. I will settle for Hermes or probably a Chanel but then again this luxury bags are ladies bag so I have no idea which bag can appreciate in value over time.
Anong usual? DH?
Racist naman daw talaga mga Koreans and I don't know if I am being racist too pero they aren't the nicest people naman, very lookist and misogynist society, na romanticize lang with the popularity of Koreanovelas. Remember when there was an influx of Korean students here in PH? Karamihan daw mga bully
Honestly, who do I think treats their women really well? Filipinos.
Last edited by _Cathy_; October 6th, 2022 at 06:17 PM.
But medyo lame yun move ni sharon.
Dumaan sya ulit sa Hermes store, with bags of LV. Para may pretty woman moment sya but everyone know naman na Hermes is on a different level.
4 bags of Lv gen.release isang Hermes lang yun baka kulang pa nga.
By appointment daw kasi hermes, parang ang sagwa naman na hindi ka pinapasok dahil wala ka appointment tapos babalik ka dun para ipag yabang sa guard yung LV nya. The guard only doing his duty.
All in all it's just an expensive tantrums.
I agree, she just wants to make a fuss. Maybe she could sneak into an event uninvited here but she of course cant do that abroad.
Re hermes
Not just by appointment, but they do 1 client 1 salesperson. Sa Japan ganun na.
Na curious ako re Sharon and watched it now. It seems no need naman ng appointment dahil yun bumalik siya sinabi ng guard na pwede na sila pumasok kaya sinabi niya na “no more..bought everything…” or something to that effect.
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Puno na daw yung store kaya di cya pinapasok which is normal practice sa Hermes store na yun.. Masyado lang pinalaki