AIRLINK 160.28 Decreased By ▼ -4.30 (-2.61%)
BOP 9.48 Increased By ▲ 0.18 (1.94%)
CNERGY 7.81 Increased By ▲ 0.27 (3.58%)
CPHL 86.11 Increased By ▲ 1.91 (2.27%)
FCCL 43.73 Increased By ▲ 0.76 (1.77%)
FFL 14.96 Increased By ▲ 0.14 (0.94%)
FLYNG 28.69 Increased By ▲ 0.48 (1.7%)
HUBC 137.12 Decreased By ▼ -0.75 (-0.54%)
HUMNL 12.45 Increased By ▲ 0.18 (1.47%)
KEL 4.11 Increased By ▲ 0.03 (0.74%)
KOSM 5.24 No Change ▼ 0.00 (0%)
MLCF 68.92 Increased By ▲ 2.45 (3.69%)
OGDC 207.81 Decreased By ▼ -0.19 (-0.09%)
PACE 5.16 Decreased By ▼ -0.07 (-1.34%)
PAEL 43.20 Increased By ▲ 1.30 (3.1%)
PIAHCLA 16.78 Increased By ▲ 0.15 (0.9%)
PIBTL 8.92 Increased By ▲ 0.04 (0.45%)
POWER 13.48 Increased By ▲ 0.19 (1.43%)
PPL 157.10 Decreased By ▼ -3.15 (-1.97%)
PRL 28.59 Increased By ▲ 0.69 (2.47%)
PTC 20.58 Increased By ▲ 0.30 (1.48%)
SEARL 84.59 Increased By ▲ 0.86 (1.03%)
SSGC 39.33 Increased By ▲ 1.61 (4.27%)
SYM 15.18 Increased By ▲ 0.58 (3.97%)
TELE 7.03 No Change ▼ 0.00 (0%)
TPLP 8.82 Increased By ▲ 0.08 (0.92%)
TRG 63.84 Increased By ▲ 1.30 (2.08%)
WAVESAPP 8.87 Decreased By ▼ -0.15 (-1.66%)
WTL 1.26 No Change ▼ 0.00 (0%)
YOUW 3.54 Increased By ▲ 0.04 (1.14%)
AIRLINK 160.28 Decreased By ▼ -4.30 (-2.61%)
BOP 9.48 Increased By ▲ 0.18 (1.94%)
CNERGY 7.81 Increased By ▲ 0.27 (3.58%)
CPHL 86.11 Increased By ▲ 1.91 (2.27%)
FCCL 43.73 Increased By ▲ 0.76 (1.77%)
FFL 14.96 Increased By ▲ 0.14 (0.94%)
FLYNG 28.69 Increased By ▲ 0.48 (1.7%)
HUBC 137.12 Decreased By ▼ -0.75 (-0.54%)
HUMNL 12.45 Increased By ▲ 0.18 (1.47%)
KEL 4.11 Increased By ▲ 0.03 (0.74%)
KOSM 5.24 No Change ▼ 0.00 (0%)
MLCF 68.92 Increased By ▲ 2.45 (3.69%)
OGDC 207.81 Decreased By ▼ -0.19 (-0.09%)
PACE 5.16 Decreased By ▼ -0.07 (-1.34%)
PAEL 43.20 Increased By ▲ 1.30 (3.1%)
PIAHCLA 16.78 Increased By ▲ 0.15 (0.9%)
PIBTL 8.92 Increased By ▲ 0.04 (0.45%)
POWER 13.48 Increased By ▲ 0.19 (1.43%)
PPL 157.10 Decreased By ▼ -3.15 (-1.97%)
PRL 28.59 Increased By ▲ 0.69 (2.47%)
PTC 20.58 Increased By ▲ 0.30 (1.48%)
SEARL 84.59 Increased By ▲ 0.86 (1.03%)
SSGC 39.33 Increased By ▲ 1.61 (4.27%)
SYM 15.18 Increased By ▲ 0.58 (3.97%)
TELE 7.03 No Change ▼ 0.00 (0%)
TPLP 8.82 Increased By ▲ 0.08 (0.92%)
TRG 63.84 Increased By ▲ 1.30 (2.08%)
WAVESAPP 8.87 Decreased By ▼ -0.15 (-1.66%)
WTL 1.26 No Change ▼ 0.00 (0%)
YOUW 3.54 Increased By ▲ 0.04 (1.14%)
BR100 12,154 Increased By 88.7 (0.74%)
BR30 35,868 Increased By 101.3 (0.28%)
KSE100 114,872 Increased By 808.3 (0.71%)
KSE30 35,267 Increased By 233.5 (0.67%)

French luxury house Hermes, has been sued in California over claims it unlawfully allows only customers with “sufficient purchase history” with the company to buy its famed Birkin handbags.

Hermes is violating antitrust law by “tying” the sale of one item to the purchase of another, two California residents alleged in the proposed federal class-action lawsuit, filed on Tuesday in San Francisco.

The company’s sales associates are driving the scheme by pushing customers to buy shoes, scarves, jewelry and other items to gain an opportunity to buy a Birkin, the lawsuit said.

Hermes and attorneys for the plaintiffs did not immediately respond to requests for comment.

Hermes’ shares reach record high as booming sales outpace rivals

The lawsuit calls the Birkin handbags, long seen as a status symbol, an “icon of fashion.”

Consumers cannot purchase a Birkin online from Hermes, and the leather bags, which are handcrafted and can cost thousands of dollars each, are not displayed for sale in the company’s retail stores, according to the lawsuit.

“Typically, only those consumers who are deemed worthy of purchasing a Birkin handbag will be shown a Birkin handbag (in a private room),” the lawsuit claimed. Hermes sales associates do not earn commissions on Birkin bag sales and are instructed to use the handbags “as a way to coerce consumers to purchase ancillary products,” according to the complaint.

Hermes sales beat expectations as US, Europe shoppers splurge on Birkin bags

The lawsuit said it was seeking class action status for thousands of U.S. consumers who bought Hermes goods or were asked to buy them in order to purchase a Birkin.

Hermes operates about 43 stores in the United States, including eight in California. The plaintiffs are seeking unspecified monetary damages and a court order barring Hermes’ allegedly anticompetitive practices.

Comments

Comments are closed.