Hermes ‘s insurance provider might demand that they settle, IDK
I always assumed that the reason why Hermes restricts product and has moved away from waiting lists must be at least in part, (perceived as ) better: for their bottom line; for the perceived value of their products; and for their shareholders. I’m not sure that being fair to walk ins, who want a popular bag and who will never be seen again, plays into Hermes corporate awareness at all.
At the end of the day, the clients Hermes wants will probably stick around: aspirational clients; some lifestyle clients; some loyal OG clients; and some high net worth.
This lawsuit might shore up the resale prices of some bags,* but there are a lot of mini K’s out there that no one is buying for 3X plus retail price. If someone bought birkin bait and gambled on making money reselling a bag, that’s on them.
*ETA:
@acrowcounted , I had the vague notion that a lawsuit reinforcing the belief that these bags are difficult to purchase at retail might increase demand for reseller bags. (I don’t really see this lawsuit going anywhere, but I’m no expert). The softening demand for anncillary goods even at below retail, secondary market prices, might discourage those who don’t care for the items on their own merit.