‘It becomes more about status signalling’: Is £7m for a handbag absurd or justified?

This story originally appeared at BBC.com As a pop-up handbag auction opens in London, a fashion frenzy is gripping venerable auction houses – and sending prices sky high. Can fashion ever be on a par with a Picasso? “I like my money where I can see it. Hanging in my closet,” says Carrie Bradshaw in […]
Meet the Birkin matchmaker: Inside one of the world’s largest collections of Hermes bags

If you’re looking for The One — a Birkin, that is — Michael Mack is your guy. The Las Vegas luxury reseller is the proud steward of a fleet of coveted Hermes Birkin and Kelly handbags — 120 to be exact. “I never thought I’d have this many Birkins in my life,” Mack, the president and CEO of Max […]