During a recent financial briefing, the head of the renowned French luxury brand expressed his thoughts on the viral phenomenon surrounding budget-friendly versions of their iconic handbags. Axel Dumas, CEO of Hermès, addressed the widespread popularity of these imitations, which gained significant attention on social media platforms last year.
Dumas acknowledged the complexity of his reaction to these affordable alternatives. Initially, he felt irritated by the trend but later found a silver lining. The imitation bags, dubbed "Wirkins" or "Walmès," were sold for around $80 through third-party vendors on Walmart's online marketplace. These lower-priced options sparked a wave of excitement among TikTok users who appreciated the resemblance to the luxurious Birkin bag, known for its starting price of approximately $10,000 and long waiting lists.
The CEO highlighted the company's serious stance on counterfeiting, emphasizing that copying creative designs is unethical. However, he also recognized the admiration and aspiration behind the trend. "It was quite touching to see people who dreamed of owning a Birkin," Dumas remarked, acknowledging the emotional connection many have with the brand. Despite this, the imitations began disappearing from Walmart’s marketplace in January, following the intense online buzz they generated.
Beyond the initial irritation, Dumas viewed the phenomenon as a reflection of the brand's enduring appeal. The incident underscores the importance of creativity and innovation in the luxury industry while highlighting the universal desire for quality and elegance. It serves as a reminder that luxury brands can inspire admiration even in unexpected places, fostering a deeper appreciation for craftsmanship and design.