Hermès
Hermès is a high-end luxury fashion brand known for its craftsmanship, quality, and prestige. Founded in 1837 by Thierry Hermès, it began as a harness workshop in Paris, catering to European noblemen. Over time, Hermès expanded its offerings to include leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches, and ready-to-wear. The brand is particularly famous for its Birkin and Kelly handbags, which are iconic symbols of luxury and status. Hermès prides itself on traditional handcraftsmanship and attention to detail, with many of its products being made by hand by skilled artisans
Certain names are exceptional investments when evaluating luxury brands based on their resale value. The second-hand luxury market in North America was projected to generate $2.6 billion in 2023, with expectations to reach $3.6 billion by 2028, highlighting the potential for substantial resale market growth.