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07
Dec 2025
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The most expensive handbag in history: The first Hermès Birkin sells at auction for €8.6 million

After a 10-minute bidding war between nine collectors, it ultimately went to a private buyer from Japan

Gucci, Birkin, Nike… in the bargain bin: After Trump’s tariffs, China threatens to flood the market with luxury goods at rock-bottom prices

Beijing warns companies like Hermès, Dior, Louis Vuitton, Chanel, Ferragamo, Ralph Lauren, Tom Ford, Jimmy Choo, and others that if they leave, Chinese factories — which produce the originals — will flood the markets with luxury goods at production cost