Walmart’s Viral Birkin Bag Dupe Is Bad News for Luxury Brand, Experts Say [Video]

Walmart has given customers a chance to experience the finer things in life by offering a Hermès Birkin Bag dupe—but fashion experts warn it could be bad for business.

With prices ranging from just $78 to $100, it’s no surprise that Walmart’s affordable alternative has sold out in nearly every color online. This budget-friendly option is a mere fraction of the cost of the iconic Hermès Birkin, which starts at around $10,000 for a leather version and can soar to over $400,000 for a diamond Himalayan Birkin sold at Sotheby’s, a global auction house.

The Birkin has long been a global symbol of success and exclusivity, with celebrities like the Kardashians and Victoria Beckham known to own multiple versions of this accessory.

However, industry experts …