• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Editor's Pick

Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders

by March 25, 2024
by March 25, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Hermès is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods.

The proposed federal class-action lawsuit, which was filed this week in San Francisco, alleges that Hermès is violating antitrust law by making customers buy other goods in the store before being granted the privilege of buying a Birkin bag from Hermès.

Birkin handbags, which are handcrafted from leather by artisans in France, can cost tens of thousands of dollars, hundreds of thousands of dollars on the secondhand market, and are seen on the arms of celebrities like Jennifer Lopez, Kim Kardashian and Cardi B. The handbags can only be purchased in a Hermès store, not on its website.

However, the lawsuit claims that the average customer can’t just walk into a Hermès store, find a Birkin on display and buy it. Rather, customers that are “deemed worthy” will be shown a Birkin in a private room.

Hermès sales associates are tasked with choosing customers that are qualified to buy Birkins, according to the lawsuit.

“These sales associates are directed by Defendants to only offer Birkin handbags to consumers who have established a sufficient ”purchase history” or “purchase profile” with Defendants or Defendants’ ancillary products such as shoes, scarves, belts, jewelry and home goods,” the lawsuit states.

While sales associates don’t receive a commission for selling Birkins, the lawsuit claims, they’re instructed to use the Birkin handbags as a way to coerce customers into buying other products, for which they receive a 3% commission.

Hermès did not immediately respond to a request for comment early Thursday.

The lawsuit is seeking class action status for all U.S. residents that, over the past four years, bought or were asked to buy ancillary products in order to purchase a Birkin.

The plaintiffs are seeking an unspecified amount in monetary damages and a court order barring the selling tactics it claims Hermès employs.

This post appeared first on NBC NEWS
You Might Also Like
  • Sports streaming venture from Fox, Disney and Warner Bros. priced at $42.99 a month
  • Backlash against AI supermodels triggers wider fears in fashion workforce
  • Hyundai and Kia unit settles U.S. charges it repossessed service members’ vehicles
  • Federal Reserve again keeps interest rates steady as inflation cools
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Target doubles bonuses for salaried employees as profits surge
next post
How ESPN executives plan to survive the decline of cable TV

You may also like

What to expect for your travels this Fourth of July...

July 1, 2023

First the token, now the swipe: NYC’s subway system to...

March 19, 2025

Wall Street expects Trump presidency will unlock deal-making

November 8, 2024

Bronfman’s Paramount bid could keep Shari Redstone involved at the...

August 26, 2024

Party City to close all of its stores, report says

December 21, 2024

DeSantis orders investigation into previous leadership of Disney’s special Florida...

April 4, 2023

Thousands of schools turn to apps to prevent violence

November 8, 2023

Trump-branded wireless service launches — with a gold phone

June 17, 2025

Kigen and Skylo work together to bring eSIM and satellite...

February 9, 2023

Sequans and Thales Partner to Deliver the First Integrated SIM...

February 23, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,598 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,871 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,574 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,537 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,412 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Kroger chairman and CEO resigns following...

    March 3, 2025

    Honda recalls 750,000 U.S. vehicles over...

    February 8, 2024

    Sentiens unveils its Multi-Technologies LPWAN Core...

    January 27, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here