American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin March 27, 2024
March 27, 2024
Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders

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

0
FacebookTwitterGoogle +Pinterest
previous post
WeightWatchers CEO apologizes to body positivity influencer after Oprah special on weight loss drugs
next post
Steppe Gold Draw Downs US$40.4M for the Phase 2 Expansion of the ATO Gold Mine

Related Posts

You may be able to trade US stocks...

December 2, 2024

Adidas shares slump after sales miss, tariff warning...

July 30, 2025

Sam Bankman-Fried to learn fate today for orchestrating...

March 29, 2024

Long MOGO: Mogo Inc. Q3 Earnings Highlight Strong...

November 7, 2024

Europe markets open: STOXX 600 +0.3% on strong...

May 23, 2025

Bayer share price analysis: why is this DAX...

November 13, 2024

UK’s digital banks face divergent fortunes: Starling stumbles,...

June 1, 2025

Cava shares plunge 22% after trimming sales outlook...

August 13, 2025

Chinese stocks surge on AI optimism, nearing three-year...

February 14, 2025

People are earning more from side gigs and...

July 12, 2024

    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.

    Latest News

    • US tariffs push India away from Russian oil, bolstering Iraq’s position in Asia

      August 10, 2025
    • Under Armour shares tumble 21% as weak demand and $100 million tariff hit darken outlook

      August 10, 2025
    • Trump admin weighs IPO for Fannie Mae and Freddie Mac later this year: report

      August 10, 2025
    • UBS strategist warns market rally may stall in August as US growth slows

      August 10, 2025
    • Decoding US gold bar tariff twist: how customs ruling jolted global bullion markets

      August 10, 2025

    Categories

    • Business (3,675)
    • Investing (2,737)
    • Latest News (2,036)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 © 2025 americaninvesthub.com | All Rights Reserved