Hermès Birkins Officially Declared 'Closet Cash' by Billionaire Shoppers

KEY POINTS

•Boston Consulting Group and Vestiaire Collective predict resale luxury market could reach $360 billion by 2030.
•Fashionphile’s New York flagship stores offer 15,000 items for resale, featuring hundreds of high-ROI Hermès Birkins.
•A 2025 ThredUp survey found 64% of buyers aged 18-44 consider resale value before purchase.
•Lara Osborn from Fashionphile advises luxury buyers to genuinely like purchases since resale profits aren't guaranteed.

In a 2025 luxury retail plot twist, Hermès and Louis Vuitton aren't just status symbols—they're liquid assets crossing into Wall Street territory. Thanks to Boston Consulting Group and Vestiaire Collective’s October report, we now know the pre-loved luxury market could hit a jaw-dropping $360 billion by 2030, faster than most stocks can blink. New York City’s Fashionphile flagship flaunts 15,000 resell-ready treasures, including hundreds of Hermès Birkins pulling ROI like overachieving finance interns. Buyers aged 18-44 literally think about future resale before scoping out their next bag — 64% now factor liquidity into shopping. Lara Osborn from Fashionphile warns luxury investing’s no sure bet. So, if you’re dropping serious coin on a Birkin or Rolex, better actually love it, or prepare for heartbreak — and a smaller credit card bill.