TheStreet. Hermès (HESAF) , famous for its exclusive and expensive Birkin and Kelly handbags, is facing a growing threat.

A massive price tag isn't unheard of in the world of Birkins, but this one is surely the most iconic.

Scuffed, scratched and stained, this black leather Birkin bag just sold for €8.6 million ($10 million), with fees, becoming the most expensive handbag to ever sell at auction.

Japanese resale mogul Shinsuke Sakimoto, that’s who. The now-revealed mystery buyer placed his winning bid from halfway ...

The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.

The original Hermès Birkin bag sold for a record $10.1 million at Sotheby's Paris, setting a new "milestone" in the luxury ...

“Luxury collectibles have delivered for investors over the long term. If you had invested US$1 million in 2005 and tracked ...

Hermès is one of the most iconic and exclusive fashion brands in the entire world, becoming especially renowned for its ...

Sixth-generation Thierry Hermès descendant Axel Dumas shared the news on an earnings call about heir Nicolas Puech, per ...

Paris fashion house Hermès exclusively commissioned the bag for the London-born Birkin in 1984 — branding it with her ...