Research
Original analytical reports from the Bagonomics data team. Each piece is generated from frozen data snapshots — quarterly index reports, brand state briefs, and variant deep-dives — and is cite-ready for journalists, analysts, and researchers.
- Quarterly index report· 2026-Q1581 words
Q1 2026 Discontinued Index: fell 1.2% on the quarter
The Discontinued Index ended the first quarter of 2026 at 206.52, slipped slightly -1.2% over the quarter (opening 208.93, intra-quarter high 210.88 on 2026-03-15, low 204.59 on 2026-01-28). Realized daily-return volatility annualized to 6.3%. Year-over-year Quarter-end composition includes 0 components across 0 brands.
James Chen· 2026-05-12 - Quarterly index report· 2026-Q1880 words
Investment Grade Index closes Q1 2026 fell 0.1%, led by Hermès Birkin 25
The Investment Grade Index ended the first quarter of 2026 at 152.34, held steady -0.1% over the quarter (opening 152.55, intra-quarter high 154.16 on 2026-01-12, low 148.27 on 2026-02-07). Realized daily-return volatility annualized to 7.8%. Year-over-year Quarter-end composition includes 36 components across 4 brands. Largest weighted contribution came from Hermès Birkin 25 (+6.5% on the quarter). Largest drag was Hermès Kelly 28 (-2.9%).
James Chen· 2026-05-12 - Quarterly index report· 2026-Q1836 words
Q1 2026 Chanel Index: fell 0.7% on the quarter, led by Chanel Classic Flap jumbo
The Chanel Index ended the first quarter of 2026 at 154.99, softened modestly -0.7% over the quarter (opening 156.14, intra-quarter high 158.31 on 2026-02-18, low 152.27 on 2026-01-09). Realized daily-return volatility annualized to 7.9%. Year-over-year Quarter-end composition includes 15 components across 1 brands. Largest weighted contribution came from Chanel Classic Flap jumbo (+5.3% on the quarter). Largest drag was Chanel Boy Bag medium (-5.7%).
James Chen· 2026-05-12 - Quarterly index report· 2026-Q1801 words
Hermès Index rose 0.4% in Q1 2026, led by Hermès Birkin 30
The Hermès Index ended the first quarter of 2026 at 153.53, was essentially flat 0.4% over the quarter (opening 152.89, intra-quarter high 157.19 on 2026-03-09, low 151.65 on 2026-01-03). Realized daily-return volatility annualized to 7.7%. Year-over-year Quarter-end composition includes 24 components across 1 brands. Largest weighted contribution came from Hermès Birkin 30 (+5.5% on the quarter). Largest drag was Hermès Kelly 28 (-2.9%).
James Chen· 2026-05-12 - Quarterly index report· 2026-Q1890 words
Q1 2026 Bag Market Index: rose 0.6% on the quarter, led by Hermès Birkin 30
The Bag Market Index ended the first quarter of 2026 at 148.19, added a fraction 0.6% over the quarter (opening 147.35, intra-quarter high 149.30 on 2026-02-18, low 145.14 on 2026-01-28). Realized daily-return volatility annualized to 4.9%. Year-over-year Quarter-end composition includes 44 components across 6 brands. Largest weighted contribution came from Hermès Birkin 30 (+5.5% on the quarter). Largest drag was Chanel Boy Bag medium (-5.7%).
James Chen· 2026-05-12