Commentary 18 Mar 2026 Asir Fatagar

Hermes Kelly Bags Going Down STEEP in Resale Prices

In the fashion world, Hermes Kelly and Birkin bags are seen as the holy grail bags. Previously, they were known to increase in resale value once they left the store. However, today, it seems the opposite is happening as resale prices in Japan are falling down to as low as US$4,000 (RM15,632) for a Kelly bag in near excellent condition.

Hermes Kelly Bags Going Down STEEP

@aliyahwears
Part 2! Where I bought Hermes bags in Japan ❣️
♬ original sound – AliyahWears

Social media users appear to be excited after a TikToker mentioned that she was able to get her Kelly bag well below retail. It seems that the illusion that handbags are an “investment” is shattering as we speak. Brands like Hermes craft these items for you to carry your personal items, and for them to be used daily.