The world of luxury handbags is synonymous with Hermès. Their iconic Birkin and Kelly bags, along with a range of other coveted styles, are highly sought-after collectibles and status symbols. However, owning a piece of Hermès history comes with a significant price tag, and that price tag is constantly evolving. This article provides a comprehensive look at the Hermès bag price list for 2023, following the significant price increase implemented on February 8th, examining various models and comparing prices across different regions. We'll also speculate on potential price movements in 2024.
New Hermès Prices 2023
The February 8th price increase sent ripples through the luxury market. Hermès, known for its meticulous craftsmanship and exclusive production, justified the increase citing rising material costs, inflation, and increased operational expenses. The impact was felt across the board, affecting virtually every bag in their extensive collection. While precise figures aren't publicly released by Hermès (adding to the mystique), numerous sources and independent price trackers have compiled data providing a general overview of the updated prices. It's crucial to remember these are estimates, and the actual price may vary slightly depending on the specific retailer, leather type, hardware, and customization options.
Here are the New Hermes Bag Prices in the US 2023
The US market is a significant one for Hermès, and the price increase was keenly felt here. The following are approximate price ranges for some of the most popular styles after the February increase:
* Hermès Birkin: The Birkin, arguably the most iconic Hermès bag, saw substantial price increases. A 25cm Birkin in Togo leather, previously costing around $12,000, now sits closer to $14,000-$15,000 depending on color and hardware. Larger sizes (30cm, 35cm) experienced proportionally higher increases, with prices reaching well into the $20,000-$30,000 range. Exotic leathers, like crocodile or alligator, command significantly higher prices, easily exceeding $50,000.
* Hermès Kelly: The Kelly bag, another timeless classic, also saw a considerable price hike. A 28cm Kelly in Togo leather might have been priced around $11,000 before February; now, expect to pay around $13,000-$14,000 or more. Similar to the Birkin, size and leather choice heavily influence the final price, with exotic skins pushing the cost into the tens of thousands of dollars.
* Hermès Constance: This smaller, more versatile bag also experienced a price increase. Prices for a Constance 24 in Togo leather now start around $8,000-$9,000, up from approximately $7,000.
* Hermès Evelyne: The Evelyne bag, known for its casual yet chic style, saw price increases aligning with the general trend. Expect to pay around $6,000-$7,000 for a medium Evelyne in Togo leather.
* Hermès Picotin: The Picotin, a more affordable entry point into the Hermès world, still experienced a notable price jump, with prices now starting around $3,500-$4,000 for the 22cm size.
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