"Has the Hermès Birkin bag lost its appeal?"; but then never goes on to answer his own question.
At one point the author, Blue Carreon consults with "Popular blogger Bagaholicboy who hails from Singapore had this to say: “Truth be told, I’m honestly still puzzled why the Birkin is still so coveted."
Well I'm not puzzled.
The bottom line is this: The Hermès Birkin Bag has not lost its appeal.
At the end of the day no other bag has come along to replace the Birkin bag. It's as simple as that. There is no other bag that is so coveted. There is no other bag that is so difficult to obtain. There is no other bag that is considered "the ultimate status symbol". There is no other bag that "represents success, achievement and status" the way an Hermès Birkin does.
Until that day, until that other bag comes along, then the Birkin bag will continue to hold it's #1 position in the handbag pecking order.