As many are reporting, Hermes has done exceptionally well with their business this year with a 30% increase in revenue. With that being said, the French fashion house that we adore is increasing their prices on their products substantially in 2023. We have heard that they will be rising their prices 5-10%!!! This is almost double from what Hermes increase usually is, which is about 3-5% a year.

With the prices increase almost double on some products, you might want to get those special items you have been eyeing or that are on your wishlist as they will all be increasing in just a few months.

What do you think about this large price increase for Hermes? Are they trying to stay on top of CHANEL who keeps trying to have their products at the same prices?? COMMENT BELOW!