Investing in luxury handbags has become a popular trend among fashion enthusiasts, collectors, and investors alike. In fact, according to the Straits Times' calculations, returns on Hermes’ Birkin bags nearly match those of S&P 500 investments. So what kind of returns can we expect from investing in a Birkin? Do all luxury bags have investment potential?
On Wealth Tracker, Hongbin Jeong speaks to Alyssa Woo, Assistant Business Editor, The Straits Times, to find out more.
You can also read more here:
Luxury bags as assets: Returns on Hermes’ Birkin bags nearly match those of S&P 500 investmentshttps://www.straitstimes.com/business/invest/luxury-bags-as-assets-hermes-birkin-bags-give-returns-almost-similar-to-sp-500)****
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