Just a few minutes ago, Bloomberg Advantage wrapped up an interview with Privé Porter co-founder and Managing Director Jeffrey Berk on our favorite subject… the holy grail Hermes Birkin bag. The interview comes right off the heels of Prive Porter smashing the record for most expensive Birkin sold, beating out famed auction site Christie’s (read: New Record Set for Most Expensive Birkin Sold).
“Privé Porter has evolved to worlds largest reseller of the Hermes bags and our niche is to buy and sell the bag that has never been carried and is absolutely new…” says Berk. He talks in detail about the porosus crocodile skins Hermes uses for the production of their exotic Birkin bags.
We reached out to Privé Porter and asked how exactly their business model works…“we have $1.5 million dollars of inventory of bags at all times, selling and rotating 3-8 units a day… which is why the IG feed is so successful. There’s always something new…”.
Lots of interesting stuff here, enjoy! And check out IG for some exclusive pics of Berk with the show’s hosts.
Listen to the Bloomberg Advantage Podcast here:
Keeping you in the ‘bag loop’…
Love your PurseBop
XO
Updated: May 27th, 2017
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