Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

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

by March 25, 2024
March 25, 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
Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners

Related Posts

McDonald’s $5 value meal is coming in June...

May 17, 2024

Tesla recalls 120,000 vehicles over potentially faulty doors...

December 23, 2023

Why the Fed keeping rates higher for longer...

April 25, 2024

Trump Media auditor charged by SEC with ‘massive...

May 5, 2024

Nearly 10,000 people have offered to change their...

August 9, 2023

See inside Ford’s new tech campus, a century-old...

June 4, 2024

FAA lifts temporary groundstop of Alaska Airlines flights...

April 18, 2024

Sam Bankman-Fried sentenced to 25 years in prison...

March 29, 2024

Rite Aid chain reportedly could sell up to...

September 28, 2023

Returning a holiday gift? It could end up...

January 8, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Québec Communities Vote “No” to La Loutre Graphite Mine

    • Top 5 Canadian Mining Stocks This Week: Carlton Precious Gains 78 Percent

    • Lode Gold Closes $1.51 Million Upsized Private Placement

    • Editor’s Picks: Gold Sets New Price Record, Silver Hits 14 Year High

    Categories

    • Business (1,370)
    • Investing (2,870)
    • Politics (3,699)
    • Stocks (1,782)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved