The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

World News

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

by admin 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
Target doubles bonuses for salaried employees as profits surge
next post
Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners

Related Posts

Why Wall Street thinks Brian Niccol is the...

August 15, 2024

United Airlines CEO responds to string of safety...

March 20, 2024

Netflix hunts for a production partner for its...

June 17, 2024

Fed holds interest rates but keeps door open...

August 2, 2024

Major maritime strike could threaten ports across the...

September 22, 2024

Renters’ hopes of being able to buy a...

May 8, 2024

Disney to combine its Hulu+ Live TV with...

January 7, 2025

Amazon AI scammers duped investors out of millions...

March 20, 2025

CrowdStrike says it isn’t to blame for Delta’s...

August 6, 2024

Dick’s Sporting Goods stands by full-year guidance —...

May 29, 2025

    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

    • Larry Williams on the Fed, Interest Rates & Markets! What’s Next?

      June 2, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      June 2, 2025
    • Senate Republicans eye changes to Trump’s megabill after House win

      June 2, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 2, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 2, 2025
    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

      June 2, 2025

    Categories

    • Business (1,220)
    • Politics (3,611)
    • Stocks (1,379)
    • Uncategorized (45)
    • World News (1,213)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, 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 thetraderharbor.com | All Rights Reserved