Super-luxe French retailer Hermes has just unveiled its latest creation: a miniature diamond-studded Birkin handbag with a price tag of £1.2million. I have no problem with objects of beauty. But there is a point at which conspicuous consumption reaches a level of obscenity. The super-rich, who will snap up these mini totes, live on a different planet to the rest of us. A planet on which … [Read more...] about Would a million-pound handbag make you feel rich?