Luxury
The Birkin Fund Cashing In on the Hermès Luxury-Resale Market
Investors have looked to capitalize on the rising prices of hard-to-find Rolex watches and rare French wine. A new fund offers the prospect of profiting by flipping exclusive Hermès handbags. Luxus, a New York-based asset-management firm, recently closed the first of three funds. The $1 million fund netted a nearly…
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