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  It’s that time again: The Hermès price increase for 2024 has been confirmed. If it feels like it came early this year, it’s not your imagination. First, China saw the Hermès bag prices jump on December 22nd. Then, European prices increased immediately after the New Year. We’re seeing Hermès price increases across the board on Hermès shoes, Hermès fine and fashion jewelry, and...

Fashion lovers and economists alike are talking about the 2024 Chanel price increase, and many fans of the brand are becoming irate.  While Chanel bag price increases typically occur in March and September, this increase is not just early; it’s hefty. Once again, the percentage increases on Chanel bags are in the double digits, following steep increases in 2022 and 2023. In fact, the...

Buying an Hermès bag is one of the hardest things to do in the luxury fashion world. It’s not the hefty price tag that makes purchasing the highly coveted Hermès bags such an arduous undertaking, but the design house’s scarcity strategy. The manufactured scarcity is one of the primary reasons Birkin bags are so expensive. Traveling to the company’s flagship boutique in Paris cannot...