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☆ The best 4th of July sales from REI, Ulta, Ikea, and more
  + stars: | 2024-06-28 | by ( Sarah Saril | Brendan Griffiths | Read More | ) www.businessinsider.com   time to read: +16 min
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. The best 4th of July electronics and appliances sales Appliances and electronics are notorious for their hefty price tags, which makes sales like these priceless. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. Burrow The best 4th of July home and kitchen dealsIt's a good time to buy furniture, whether you're shopping for indoor or outdoor pieces. SaatvaThe best 4th of July mattress dealsMattresses are on sale most of the year, it's true.
Persons: it's, We'll, BioLite, Abt Friedrich, Friedrich, AJ, AJ Madison Traeger, TCL, Rumpl, Kit, Burrow, Lauren Savoie, Hannah Freedman, Cha, they're, you'll Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Abt, eBay, Energy, AJ Madison, Independence, Samsung, Apple AirPods, Apple, Amazon, GE Gaming, Day, tote Locations: Burrow, Kyusu, Cha Kyusu, Brooklyn, Lo
☆ Patagonia gave 90 staff a choice — relocate across the US or leave the company. They've got 3 days to decide.
  + stars: | 2024-06-27 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +7 min
CX employees must now live within 60 miles of one of seven "hubs" — Atlanta, Salt Lake City, Reno, Dallas, Austin, Chicago, or Pittsburgh. AdvertisementPatagonia verified the details of the announcement to BI, confirming that 90 of 255 CX staff in the US were affected. Both employees BI spoke to said they were accepting the severance and did not know anyone who was considering relocation. AdvertisementPatagonia spokesperson Corley Kenna told BI several employees had already indicated they would relocate. Advertisement"The reality is that our CX team has been running at 200% to 300% overstaffed for much of this year," Kenna told BI.
Persons: —, Amy Velligan, Bruce Old, George Frey, I've, Corley Kenna, Kenna, We've, Yvon Chouinard, Harris, Chouinard, Jean, Marc Giboux, Yvon Chouinard's, Yvon, it's Organizations: Service, Business, Workers, Walmart, Patagonia, BI, Reno, New York Times, Washington Post Locations: Patagonia, Atlanta, Salt Lake City, Reno, Dallas, Austin, Chicago, Pittsburgh, California, Ventura, Nevada
☆ Why AriZona Iced Tea CEO won't raise 99-cent price: 'It's my little way of giving back'
  + stars: | 2024-06-27 | by ( Nicolas Vega | ) www.cnbc.com   time to read: +2 min
AriZona Iced Tea first put its iconic 99-cent cans in stores in 1992. the brand's chairman and founder Don Vultaggio said in a recent interview with Today. And while Arizona has expanded into selling merch and alcoholic beverages, it is still focused on selling as many 99-cent cans as it can. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Don Vultaggio, Forbes, Vultaggio, doesn't Organizations: CNBC, Coke, Pepsi Locations: AriZona, , AriZona, Arizona
☆ How a new adtech firm aims to help Amazon steal TV budgets
  + stars: | 2024-06-27 | by ( Lauren Johnson | ) www.businessinsider.com   time to read: +4 min
Gigi is a startup that aims to make it easier for brands to buy and measure streaming video ads with Amazon. The firm also provides advertisers with granular metrics like the incremental reach of a TV ad campaign, Epstein said. AdvertisementAs third-party cookies go away, Gigi's pitch plays up brands' first-party data to create more effective Amazon ads. For example, a Shopify merchant can analyze data from their Shopify website with Amazon data to find audiences to target with ads. Gigi wants to work with agenciesThe bulk of Amazon ads are bought using traditional shopper marketing dollars, but Epstein said that his firm is squarely focusing on TV ad budgets.
Persons: —, Gigi, Adam Epstein, Epstein, Gigi Gigi Gigi, Omnicom, Capital, adtech execs, Mike Baker, Rosco Hill Organizations: Service, Amazon, Business, Amazon's, Wall, Amazon Marketing, AMC, Ascential, Ascential's, Golden Ventures, AperiamVentures Locations: Rosco
☆ How Walmart-owned Sam's Club is trying to take on Costco's private label Kirkland
  + stars: | 2024-06-27 | by ( Melissa Repko Natalie Rice | Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +2 min
As Sam's Club opens more locations, it is trying to raise the bar for its own brand, Member's Mark. Net sales for Sam's Club totaled $86.2 billion in its most recent fiscal year, compared with $176.63 billion for Costco's U.S. clubs. Sam's Club CEO Chris Nicholas told CNBC the brand's revamp was inspired, in part, by the retailer's chief rival. Overtaking Costco and its beloved private label won't be easy for Sam's Club, said Michael Baker, a retail analyst for D.A. But he added Costco's success with Kirkland Signature created a formula that Sam's Club can follow.
Persons: Megan Crozier, Crozier, —, kickstart, Mark, Chris Nicholas, Kirkland, Member's Mark, Michael Baker, Davidson Organizations: Sam's Club, Walmart, Costco, Kirkland, Sam's, Costco's U.S, CNBC, D.A
☆ Bugatti's new $4 million hypercar has 1,800 horsepower and gauges made with titanium and rubies — see the Tourbillon
  + stars: | 2024-06-26 | by ( Benjamin Zhang | ) www.businessinsider.com   time to read: +1 min
Bugatti unveiled its new Tourbillon hypercar powered by a 1,800 horsepower V16 hybrid engine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBugatti recently unveiled its new flagship hypercar, the Tourbillon. The Tourbillon, pronounced toor-bee-yawn, is the successor to Bugatti's recently discontinued Chiron hypercar launched back in 2016. This story is available exclusively to Business Insider subscribers.
Persons: Bugatti, —, Bugatti's, Chiron hypercar Organizations: Service, Volkswagen Group, Business
☆ VW updates 2025 Jetta to boost sales of the brand's entry-level car
  + stars: | 2024-06-25 | by ( Michael Wayland | ) www.cnbc.com   time to read: 1 min
Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at $21,995 when it goes on sale, expected by the end of the third quarter, the company said. That model will replace the current lower-priced model of the Jetta, which has a manual transmission and has seen limited sales since many drivers only know how to drive vehicles with an automatic transmission. The changes come amid concerns around vehicle affordability and growing vehicle inventories following years of constraints due to the coronavirus pandemic and supply chain issues. The Jetta's new starting price compares with the average transaction price of a new car sold in May of $47,455, according to Cox Automotive.
Organizations: Volkswagen, Jetta, Cox Automotive
☆ How Gen-Z sports brand Overtime built an 8-figure merch business and is using partnerships to take it to the next level
  + stars: | 2024-06-25 | by ( Tiara White | ) www.businessinsider.com   time to read: +5 min
The media company first made a name for itself by distributing high-school sports videos, then producing its own shows and operating its own sports leagues. Rutstein, who worked at Adidas and Reebok before Overtime, said the company distinguishes its merch by focusing on quality. Advertisement"When we first started, I said, we're not going to be a media company that just does merch," Rutstein told Business Insider. Advertisement"Through partnerships, we've been able to expand our audience, of course, to these brands that are either legacy or heritage streetwear brands," Rutstein said. Other brands Overtime has partnered with include BAPE, a Japanese clothing brand; PSD Underwear, which makes underwear and activewear; 7-Eleven, a convenience store chain; and Billionaire Boys Club, a fashion label founded by singer-songwriter Pharrell Williams.
Persons: —, Tyler Rutstein, Rutstein, we're, SpongeBob, we've, Pharrell Williams, that's Organizations: Service, Paramount, Business, Adidas, Reebok, Billionaire Boys Locations: merch
☆ The best 4th of July sales on appliances, grills, air conditioners, and more
  + stars: | 2024-06-25 | by ( Sarah Saril | Brendan Griffiths | Read More | ) www.businessinsider.com   time to read: +6 min
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. Appliances including air conditioners and outdoor fire pits are down to excellent prices for the 4th of July. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. EcoFlow Wave 2 Portable Air Conditioner $1,199.00 $2,237.00 Save 46% The EcoFlow Wave 2 is the best battery-powered portable air conditioner we've tested. RumplThe best 4th of July outdoor and camping dealsSeveral stores are welcoming the warm weather and end of the school year by dropping prices on outdoor essentials, from accessories to full-size tents.
Persons: it's, We'll, BioLite, TCL, Rumpl, Kit Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Energy, Independence, Amazon, REI Locations: REI Outlet
☆ Big Silly Trivia Game Is Helping Women Make Friends, Combat Loneliness
  + stars: | 2024-06-25 | by ( Lauren Johnson | ) www.businessinsider.com   time to read: +5 min
The game, called The Big Silly Trivia Game, is one of a new set of groups and activities aimed at helping millennials and Gen Z make friends during the loneliness epidemic. While other trivia games like now-defunct HQ Trivia have used live mobile games to draw viewers, The Big Silly Trivia Game wants to fill a hole of questions geared to young women's interests, including nostalgia. While The Big Silly Trivia Game is virtual, Shine has focused on ways to connect people during it. Creators on a Saie Beauty brand trip played a game of The Big Silly Trivia Game The Big Silly Trivia GameShine also recently hosted a game during an event that beauty brand Saie Beauty held in New York's Catskills area. The Big Silly Trivia Game is also getting into real-life events.
Persons: —, Natalie Shine, Shine, Z, Rocky's Matcha, Emmett Shine, Korula, Jess Butler, Hayes Flanagan, they're, what's, Merv Griffin, Carrie Bradshaw, she's Organizations: Service, Business, Shine, Netflix, Instagram, Brands, Soft Services Locations: millennials, New York's, New York
☆ Yahoo CMO Tressie Lieberman aims to bring back the brand's "iconic energy"
  + stars: | 2024-06-25 | by ( Julia Hood | ) www.businessinsider.com   time to read: 1 min
Link icon An image of a chain link. It symobilizes a website link url. Link icon An image of a chain link. Copy LinkTwitter LinkedIn icon LinkedIn Link icon An image of a chain link. Twitter LinkedIn icon LinkedIn Link icon An image of a chain link.
☆ Aston Martin to start delivery of Alonso-inspired race car Valiant in fourth quarter
  + stars: | 2024-06-25 | by ( Yadarisa Shabong | ) www.reuters.com   time to read: +2 min
A logo on the new Aston Martin DBX at the new Aston Martin Lagonda factory in Barry, Wales, Britain February 21, 2020. The company will produce only 38 units of the Valiant, a vehicle designed by the Aston Martin team alongside Formula One driver and two-time world champion Fernando Alonso. Alonso is one of Aston Martin Aramco Formula One Team's drivers, alongside Stroll's son, Lance. Aston Martin Racing and Aston Martin Lagonda are distinct entities. New Tab , opens new tab
Persons: Aston Martin DBX, Aston Martin, Rebecca Naden, Fernando Alonso, Lawrence, Valiant, Alonso, Aston, Stroll's, Lance, Aston Martin Lagonda, Yadarisa, Devika Organizations: REUTERS, Aston, Formula, Reuters, Aston Martin Aramco, One, Aston Martin Racing, Thomson Locations: Barry , Wales, Britain, British, Saudi, Bengaluru
☆ Target taps Shopify to add sellers to its third-party marketplace
  + stars: | 2024-06-24 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +5 min
Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Target's marketplace creates a "halo" and is "an accelerant to the total business," she said. Target Plus has only a tiny fraction of the revenue and sellers of other third-party marketplaces. Sylvester would not say how much of that came from ads bought by Target Plus sellers. Target does not offer fulfillment services, instead relying on Target Plus sellers to store, pack and ship their own goods.
Persons: discounter, Cara Sylvester, Shopify, Sylvester, Target, Ban, Sellers, Doug McMillon Organizations: Target, CNBC, Walmart, Amazon, eBay, Marketplace, Brands Locations: Minneapolis, Walmart's U.S
☆ Nvidia's chips are very popular. Its brand, less so.
  + stars: | 2024-06-23 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +1 min
Nvidia recently joined Microsoft and Apple in the multi-trillion dollar valuation club. But Nvidia's brand doesn't have the household familiarity of the iconic Apple logo or Nike swoosh. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's a question best aimed at Nvidia, which recently turned into a multi-trillion dollar company thanks to its valuable chips that are crucial in the artificial intelligence race.
Persons: — Organizations: Nvidia, Microsoft, Apple, Nike swoosh . Consulting, Service, Business
☆ Mark Zuckerberg's summer vacation look includes a $1,150 hypebeast t-shirt
  + stars: | 2024-06-22 | by ( Jaures Yip | ) www.businessinsider.com   time to read: +1 min
Mark Zuckerberg sported a $1,150 Balmain t-shirt on vacation in Ibiza with his wife. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg — CEO, chairman, up-and-coming fashion icon? The Facebook cofounder was recently spotted sporting a $1,150 Balmain t-shirt while vacationing in Ibiza, Spain, with his wife, Pricilla Chan, People reported. This story is available exclusively to Business Insider subscribers.
Persons: Mark Zuckerberg, —, Pricilla Chan, Zuckerberg Organizations: Balmain, Service, Saks Fifth, Business Locations: Ibiza, Spain
☆ Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap
  + stars: | 2024-06-22 | by ( Kif Leswing | ) www.cnbc.com   time to read: +6 min
The other is Nvidia , which for a time this week, surpassed Microsoft to become the largest company in the world by market cap. Nvidia has over 80% of the market for chips used to train and deploy AI software like ChatGPT. 100 on Interbrand's list for 2023 is Japanese camera maker Canon, with Dutch brewer Heineken at No. The risk for Nvidia, Silverman added, is that its "weak brand strength will limit how valuable it will be, despite its market cap heights." Gamers love itHowever, a competing survey shows that Nvidia's brand value is catching up to that of its peers.
Persons: Jensen Huang, Ann Wang, —, Greg Silverman, Interbrand's, Silverman, Interbrand, Kantar BrandZ, Marc Glovsky, Philip Fong Organizations: Reuters Apple, Microsoft, Google, Nvidia, Disney, Netflix, Heineken, Apple, Windows, Samsung, Toyota, Mercedes, Benz, BMW, Nike, Intel, Hewlett Packard Enterprise, CNBC, Nintendo, AFP, Getty, chipmaker, Dell, Vanda Research Locations: Taipei, Taiwan, Korean
☆ Amiri at Paris Fashion Week: How this fashion designer is reinventing American cool
  + stars: | 2024-06-21 | by ( Alice Pfeiffer | ) edition.cnn.com   time to read: +5 min
Paris CNN —Few cities have been so adamantly idealized, mythologized and captured on film and in photographs as Los Angeles and Paris. Pascal Le Segretain/Getty ImagesThese inspirations translated into pieces in faded, sun-washed teal, blue, gray and vintage-inspired knits. Some models wore Amiri brooches resembling music notes. Designer Mike Amiri of the eponymous Californian brand at the finale of his Paris show. OConnor/Arroyo/AFF-USA/ShutterstockK-pop star Sunwoo (seen here at the brand's June 20, 2024 show in Paris) has been recently announced as an ambassador for Amiri.
Persons: “ Jardin des Plantes ”, Mike Amiri, Yussef Dayes, Miles Davis, Duke Ellington, Dizzy Gillespie, Amiri, dégradé, Pascal Le Segretain, Ryan, Amiri’s, Kay, Paris Fernandes, ”, Kim Sunwoo, Angelina Jolie, Lenny Kravitz —, Ryan Gosling, Omar Sy, Lena Waithe, Barry Keoghan, James Sleaford, “, Arroyo, Shutterstock, Saint Tropez Organizations: Paris CNN, “ Jardin des Plantes, City, South, AFF, Getty Locations: Angeles, Paris, “ Jardin, Hollywood, London, Paris’s, Montaigne, Venice Beach, South Korean, France, OConnor, Dubai, Saint
☆ Jeff Bezos is a 'brilliant man' for what he's done at Whole Foods, says ex-CEO: 'He thinks really long term'
  + stars: | 2024-06-15 | by ( Tom Huddleston Jr. | ) www.cnbc.com   time to read: +3 min
In the eyes of Whole Foods co-founder John Mackey, Jeff Bezos is a "brilliant man" — all because of a few price cuts at the grocery chain. Whole Foods was struggling with declining sales when Bezos' Amazon bought the grocery chain for $13.7 billion in 2017. Shoppers were already looking elsewhere after larger, less expensive rivals like Walmart started stocking more organic foods to appeal to Whole Foods' target customers. That included producing a greater number of products from Whole Foods' in-house 365 brand, which Amazon also started selling online. "I hardly ever hear the 'whole paycheck' narrative any longer—that's due to Amazon," Mackey said.
Persons: John Mackey, Jeff Bezos, Jeff, Mackey, Fortune, Bezos, IBISWorld, Bezos —, — Organizations: Foods, Amazon, Shoppers, Walmart, CNBC
☆ Shark Detect Pro Self-Empty Robot Vacuum review: Detects dirt, avoids obstacles, and won't get stuck
  + stars: | 2024-06-14 | by ( Bethaney Phillips | Jaclyn Turner | ) www.businessinsider.com   time to read: +13 min
It was an upgrade from my previous robot vacuum, the Shark EZ Robot Vacuum, which was constantly getting stuck and pulling up small toys, requiring my intervention. Shark Detect Pro Self-Empty Robot Vacuum The Shark Detect Pro Self-Empty Robot vacuum has an auto-empty dust bin that holds up to 60 days of debris. AdvertisementOur review of the Shark vacuumThe Shark Detect Pro easily traverses carpet, and uses a combination of scanning lasers and 3D to navigate. The Shark Detect Pro in Dirt Detect mode (purple/blue light vs. green) to pick up flour. Bethaney PhillipsThe Shark Detect Pro is a huge upgrade to previous Shark robot models.
Persons: doesn't, Bethaney Phillips, crumb, I've Organizations: Business, Technology, FloorDetect, EdgeDetect Technology, NeverStuck, Shark, NeverStuck Technology
☆ Whole Foods CEO shares the No. 1 red flag he sees in employees: I learned it 'the hard way'
  + stars: | 2024-06-12 | by ( Ashton Jackson | ) www.cnbc.com   time to read: +3 min
It's "somebody who thinks they know the answer to absolutely everything," Buechel, the CEO of Amazon-owned grocery chain Whole Foods, tells CNBC Make It. Sticking to one way of doing things, or failing to consider other people's points of view, can significantly stunt your growth and hinder your company, he adds. His top red flag for employees hits close to home, he says: He hasn't always been the most adaptable person. "And I learned the hard way that you have to be flexible, especially in today's world. Adaptable bosses can consistently adjust to their new personnel, and adaptable employees can proactively find new ways to contribute.
Persons: Jason Buechel's, It's, Buechel, John Mackey, hasn't, Andy Jassy, Jassy, LinkedIn's, There's Organizations: Amazon, CNBC
☆ TGI Fridays may have found a surprising solution to its struggling business
  + stars: | 2024-06-08 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +1 min
TGI Fridays has struggled recently, closing dozens of restaurants earlier this year. A TGI Fridays opened at a hotel in Holywood this week and an airport location is one of its busiest. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTGI Fridays says it is leaning into the travel industry to regain its footing with American diners. The casual dining chain announced this week that it opened a new restaurant inside the Hilton Garden Inn in Hollywood.
Persons: — Organizations: Service, Business Locations: Holywood, Hollywood
☆ Shein wants to sell the supply-chain tech it used to disrupt online shopping. Retail experts say brands may have concerns.
  + stars: | 2024-06-06 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +9 min
Shein has also grown beyond its fashion roots, selling products in categories such as home goods, electronics, and office supplies. A Shein spokesperson said the company's success did not depend on the de minimis provision. The Shein spokesperson said the company had a "zero-tolerance policy for forced labor" and required its "contract manufacturers to only source cotton from approved regions." "Shein suppliers and third-party sellers are required to comply with company policy and certify their products do not infringe third-party IP." "Currently, Shein just sells the very low-cost products, but including various brands in its platform, it can sell products at various price ranges," he said.
Persons: —, Shein, Donald Tang, Evelyn Gong, who's, It's, confidentially, Prince Ghosh, Ghosh, Christophe Archambault, Gong, minimis, wouldn't, JADE GAO, hasn't, Anand Kumar Organizations: Chain Management, Service, Industry, Wall Street Journal, Carnegie Mellon University's Tepper School of Business, Research, London Stock Exchange, Brands, Walmart, Walmart Commerce Technologies, Department of Homeland Security, Labor, CNBC, National Retail Federation, Coresight Research, Shein Locations: China, Singapore, Paris, minimis, Shein, Guangzhou
☆ A fan caught Sam Smith wearing $2,450 jeans that were entirely ripped across the back for a recent flight
  + stars: | 2024-06-03 | by ( Amanda Krause | ) www.businessinsider.com   time to read: +1 min
Musician Sam Smith was recently spotted wearing a daring outfit at a New York City airport. Photos posted on TikTok showed Smith wearing jeans that were destroyed in the back. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If you ask musician Sam Smith, they might suggest trying highly-distressed jeans that reveal the back of your legs. The musician was recently spotted in a New York City airport by fan Paisly Farnum, who posted two photos of the five-time Grammy winner to TikTok on Saturday.
Persons: Sam Smith, Smith, they'd, —, Paisly Farnum, TikTok Organizations: TikTok, Service, Business Locations: New York City
☆ Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
  + stars: | 2024-06-03 | by ( Michael Wayland | ) www.cnbc.com   time to read: +1 min
A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023. NEW YORK – Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as it leans into the technology as a bridge between its traditional gas-guzzling SUVs and all-electric vehicles amid a slower-than-expected sales pace of EVs. The Stellantis brand expects to sell 160,000 to 170,000 plug-in hybrid electric vehicles, or PHEVs, in the U.S. this year, an increase of 40% to 50% from last year, Jeep CEO Antonio Filosa told CNBC. "One of the pillars of growth for the market is going to be freedom of choice." PHEV sales at the level Jeep is expecting this year would top Stellantis' total 2023 U.S. sales of the vehicles, at roughly 143,000 units.
Persons: Antonio Filosa, Filosa Organizations: New York, Auto, CNBC, Jeep Locations: New York, U.S
☆ Rare Hermès Birkin Bags Are up for Auction and May Fetch Over $100,000
  + stars: | 2024-06-01 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +6 min
Read previewIf you're in the market for a Hermès bag that doubles as a doll house, you're in luck — as long as you have $100,000 or so to spare. A new Birkin bag starts at about $10,000 and can cost well into the six figures depending on material, size, and rarity. Since 2022, Hermès bags sold at Christie's auctions have gone for an average of 141% of the lowest estimated price, Christie's said. "Hermès Birkin and Kelly bags, especially the Faubourg bag, for example, are iconic symbols of luxury and status, coveted by collectors worldwide." Courtesy of Christie'sAs the auction demonstrates, luxury handbags — particularly those made by tightly controlled brands like Hermès — are increasingly worthy investments.
Persons: —, Christie's, Birkin —, handmake, Hitha Herzog, Hermès, Faubourg Birkin, Birkin, Nicole Pollard Bayme, Hermès Birkin, Kelly, Chanel, Alexis Clarbour, Louis Vuitton, Yayoi, Dior, Loewe, Roger Vivier Organizations: Service, Business, Rue du Faubourg Saint, Deloitte, Credit Suisse, Madison Avenue Couture Locations: Birkins, Rue, Paris, retails
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