24 Jan '16, 2am

Birkin's a better bet than gold: A study has shown that it is better to invest in a Hermes' Birkin than in gol...

A study has shown that it is better to invest in a Hermes' Birkin than in gold or the stock-market. The iconic luxury handbag, which was given the name after British singer and actress Jane Birkin, has increased in value by 500% in the last 35 years -that's faster rate than gold or the US market. According to the study by online retailer Baghunter, since 1980, gold has depreciated in value at a rate of 1.5% a year, while the Birkin bag went up by 14.2%, making the fashion accessory "the safest and least volatile investment market". "As a whole, the study findings show how stable the ultra-luxury industry has been over the past 35 years when compared to more traditional investment opportunities," Evelyn Fox, founder of Baghunter, said. "In particular, the study displays how high-end, rare and sought-after luxury items such as Hermes Birkin handbags have never dropped in val...

Full article: http://timesofindia.indiatimes.com/home/science/Birkins-a...

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The Hermes Birkin Bag is a better… 12:05PM A recent study by online retailer Baghunter has concluded that in the past 35 y...

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