It must have been hurtful for the house of Hermes when Emily Oberg, founder of cult label Sporty & Rich, which styles its streetwear with gold Cartier watches and 1980s Porsches, declared that carrying a regular leather Birkin was akin to toting a Coach bag.
Andrea Felsted is a writer at Bloomberg Opinion. She focuses on the retail and luxury sectors, covering themes such as the fashion and beauty industries, e-commerce, and corporate finance. Andrea's insights and analyses have been featured in numerous publications, including Bloomberg-Quint, The Washington Post, and The Australian Financial Review.