Birkin bag maker Hermès is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas said on Friday.
Unlike Kering, which has invested in reseller Vestiaire Collective and sells some of its labels on platforms for pre-owned wares, Hermès sees the second-hand market as a threat, saying it drives up prices and can fuel counterfeiting.
“It would be to the…