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And if it’s ok for a Real Housewife, it’s ok for me. Since its drop, celebrities, TikTokers and style critics have weighed in on the viral knockoff, with many bravely coming out as Birkin haters. The democratisation of knowledge and consumer power through social media has performed an enormous half on this. Recent gross sales figures underline simply how far demand for luxury mega-brands has fallen from its post-pandemic highs. In July, some of the industry’s largest players reported disappointing revenues for the second consecutive quarter. LVMH, the world’s main luxurious conglomerate cocinaclandestina, missed gross sales estimates, while Gucci’s father or mother company Kering, skilled a decline of 11%.
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