Hermes Price Guide

About Hermes

Why Hermes is very expensive?

Hermes has a long and rich history since its establishment in 1837. The brand represents wealth, status, and luxury, which is enough to make Hermes expensive. There are more factors involved; for example, the limitation of supply and the rarity of some collections. There is a limit on the number of products available in most Hermes items. Last time I went to Hong Kong to purchase Hermes perfume, some of them were sold out. So, there is definitely a huge demand for Hermes products. Besides the brand, many Hermes items are incredibly famous and rare. The Hermes Birkin and Kelly are the two most popular bags, but they are hard to get because there is a maximum production quota per year, and only the most loyal customers get the chance to buy them. Other handbag and accessory collections have high demands too, like their wallets and silk scarves. The products are carefully crafted with high-quality materials by skilled artisans, and all of these reasons make Hermes products skyrocket in prices.

Is Hermes French or Italian?

Hermes is French, and here’s why: the brand is founded in Paris, and up until today, most of the product is made in France. The company is family-based, and they still hold a majority of the shares. So everything about Hermes is French.

Is Hermès more expensive than Chanel?

Yes, Hermes is indeed more expensive than Chanel. But Chanel is catching up right now; they increase their classic collection by 10 – 30% a year. At this moment, Hermes bags start at $3,000 while you can get a nice Chanel for $2,000. On average, Hermes products are more expensive, while Chanel is just slightly behind.

Is Hermès made in China?

No, Hermes does not manufacture any products in China. Most of Hermes products are made in France, especially when it comes to handbags and other leather goods, including wallets. They are put together by skilled artisans in France. The secrets in making handbags should remain the base of the company; the skills and processes are essential to maintain Hermes as a high-class luxury brand.

Is Hermès less expensive in Italy?

Hermes is much cheaper in Italy compared to other non-European countries. Italy and France are both perfect places to buy Hermes because it’s less expensive and there are more boutiques available. When comparing the USA and Italy, then it definitely costs much less to buy a Hermes Bag in Italy.

Is Hermès bigger than Louis Vuitton?

In terms of revenue, Louis Vuitton is bigger than Hermes. But in terms of fame, both are equally famous. However, Louis Vuitton appeals to more customers than Hermes because the starting price of Hermes products is much higher than LV. Louis Vuitton is one of the biggest high fashion brands in the world.

Why do people buy Hermès bags?

Hermes bags have become an investment piece; that’s why people buy them. The Birkin and Kelly Bags are not only rare but they are hard to get; some people need to wait years before getting a chance to purchase one. So owning one of these bags makes you unique. And because the bags are rare, the resale value goes up together with the retail prices. In the future, the prices get so expensive that you can get a nice return on your investment. Or you can just wear it to stand out from the crowd. Every year Hermes increases their prices by 8 – 10%, especially for the classic bags.

Who owns the most Hermès bag?

Jamie Chua is known for owning over 200 Hermes bags, most of them are Birkins. She is a famous YouTuber from Singapore.