You can wait for years to get your hands on an Hermès Birkin. It is widely recognised as the mother of all handbags, and one of the few fashion items that can actually be viewed as an investment item.
Earlier this year, luxury retail site Baghunter released a study suggesting that a Birkin was a better investment than gold. We kid you not.
According to the site, the value of Birkin bags increased every year from 1980 to 2005, with an average annual increase of 14.2 per cent, including inflation. Over the same period, the average return on gold was minus 1.5 per cent per year.
Of course, the bags are notoriously hard to come by. But if you want to skip the infamous Birkin waiting list and don’t have the mettle to bid for one at auction, you’ll be happy to hear that Heritage Auctions is holding its first-ever Hermès Holiday Handbag Trunk Show, offering Birkin, Kelly and Constance bags by the famed French maison for immediate purchase.
The handbags are on offer at www.HA.com/TrunkShow until January 9 and range from a 25cm rouge grenat togo leather Birkin with gold hardware, priced at $15,000 (Dh55,000), to a 30cm matt sanguine alligator Birkin with palladium hardware, priced at $65,000 (Dh239,000).
For those looking to splurge, there’s also a 35cm shiny rose shocking and ultraviolet porosus crocodile sellier Kelly Bag with gold hardware going for $120,000 (Dh440,000).
“The wait list for a Hermès handbag can be years — but there is no waiting in Heritage Auctions’ Holiday Trunk Show,” says Max Brownawell, consignment director of luxury accessories for Heritage Auctions.
“We hand-selected the Hermès for this event, matching the quality our clients have come to expect in our multi-million-dollar auctions.
“A trunk show is the ideal opportunity for a new collector and fashion-forward client to finally own the handbag of her dreams,” Brownawell adds. “It keeps the buyer in control of their budget while offering a stellar selection from the top name in women’s accessories: Hermès.”
sdenman@thenational.ae
Seemar’s top six for the Dubai World Cup Carnival:
1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition
The specs
Engine: 2.0-litre 4-cylinder turbo hybrid
Transmission: eight-speed automatic
Power: 390bhp
Torque: 400Nm
Price: Dh340,000 ($92,579
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The specs: 2018 Chevrolet Equinox
Price, base / as tested: Dh76,900 / Dh110,900
Engine: 2.0L, turbocharged in-line four-cylinder
Gearbox: Nine-speed automatic
Power: 252hp @ 5,500rpm
Torque: Torque: 352Nm @ 2,500rpm
Fuel economy, combined: 8.5L / 100km
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
Results
5pm: Handicap (PA) Dh80,000 (Turf) 1,600m; Winner: Nadhra, Fabrice Veron (jockey), Eric Lemartinel (trainer)
5.30pm: Maiden (PA) Dh80,000 (T) 1,400m; Winner: AF Dars, Tadhg O’Shea, Ernst Oertel
6pm: Handicap (PA) Dh80,000 (T) 1,400m; Winner: AF Musannef, Tadhg O’Shea, Ernst Oertel
6.30pm: Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Taghzel, Malin Holmberg, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m; Winner: M’Y Yaromoon, Khalifa Al Neyadi, Jesus Rosales
7.30pm: Handicap (TB) Dh100,000 (PA) 1,400m; Winner: Hakeem, Jim Crowley, Ali Rashid Al Raihe
COMPANY%20PROFILE
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Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
Crazy Rich Asians
Director: Jon M Chu
Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan
Four stars
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EXPATS
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Read more about the coronavirus
COMPANY%20PROFILE
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Israel Palestine on Swedish TV 1958-1989
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Rating: 5/5
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Killing of Qassem Suleimani