Current:Home > InvestTradeEdge Exchange:Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders -Wealth Empowerment Zone
TradeEdge Exchange:Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Fastexy View
Date:2025-04-07 16:24:53
Hermes is TradeEdge Exchangebeing 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 Hermes is violating antitrust law by making customers buy other goods in the store before being granted the privilege of buying a Birkin bag from Hermes.
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 second-hand 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 Hermes store, not on its website.
However, the lawsuit claims that the average customer can’t just walk into a Hermes store, find a Birkin on display and buy it. Rather, customers that are “deemed worthy” will be shown a Birkin in a private room.
Hermes 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.
Hermes 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 Hermes employs.
veryGood! (88168)
Related
- Intel's stock did something it hasn't done since 2022
- Bruce Willis and Demi Moore's Daughter Tallulah Willis Shares Her Autism Diagnosis
- Garrison Brown’s Close Friend Calls for Sister Wives To Be Canceled After His Death
- DAY6 returns with 'Fourever': The album reflects who the band is 'at this moment'
- Louisiana high court temporarily removes Judge Eboni Johnson Rose from Baton Rouge bench amid probe
- Women’s March Madness bracket recap: Full 2024 NCAA bracket, schedule and more
- D.C.'s cherry blossoms just hit their earliest peak bloom in 20 years. Here's why scientists say it'll keep happening earlier.
- NBA playoffs picture: 20 most important games this week feature Cavaliers, Heat, Lakers
- RFK Jr. closer to getting on New Jersey ballot after judge rules he didn’t violate ‘sore loser’ law
- Trump is making the Jan. 6 attack a cornerstone of his bid for the White House
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- 4 things to know from Elon Musk’s interview with Don Lemon
- LeBron scores 25, D’Angelo Russell ties Lakers 3-pointers record in LA’s 136-105 win over Hawks
- Former Louisiana police officer pleads guilty in chase that left 2 teens dead, 1 hurt
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Mix & Match Kate Spade Outlet Wallets & Bags for an Extra 20% off: $31 Wristlets, $55 Crossbodies & More
- Chicago-area man gets 18 years for 2021 drunken driving crash that killed 3
- Missing NC mother, 2 young children found murdered in Charlotte, suspect arrested: Police
Recommendation
Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
Love Is Blind's Chelsea and Jimmy Reunite Again in Playful Video
Is the Great Resignation over? Not quite. Turnover stays high in these industries.
When is spring 2024? What to know about the vernal equinox as we usher in a new season
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Best Micellar Water for Removing Your Makeup and Cleansing Your Face
Official revenue estimates tick up slightly as Delaware lawmakers eye governor’s proposed budget
Kate Middleton and Prince William Seemingly Step Out Together After Photo Controversy