My dahlings? It’s (kinda) official: Hermes Birkin has lost its “It Bag” status. Accord to Forbes, Hermes Birkin bags remain highly popular in (and around) Singapore but that’s about it. Remember, little while ago, I marveled at a study stating that Coach has become no. 1 on the Luxury Bags market. Now that means two things: either the $10,000 Hermes Birkin is too expensive for the present financial situation, or they’ve simply become too popular to be fashionably appealing.