BagWorld Index Report Part 7

Future Prediction, Conclusion, Glossary and Appendix

Authentication Overview

By James Firestein - Founder of OpenLuxury

“Amongst its peers in luxury fashion, Hermès stands out as a bulwark of timelessness and unparalleled craftsmanship, having maintained its status as a solid alternative asset class for decades. The demand for Hermès handbags and accessories has skyrocketed in the past 15 years, making them highly coveted items and giving owners continual returns on investment. However, with the surge in popularity, the market has also seen an influx of sophisticated counterfeit products. As a result, the authentication process for Hermès items has become crucial for both buyers and sellers. As an essential aspect of the BagWorld Index, we explore the current state of Hermès handbag authentication, the future trends in authentication technology, and the potential implications for the Hermès auction market in the years to come.