Second Hermes Price Increase in 2021
YES! You read the headline correctly. Hermes has increased their price on certain items AGAIN in 2021. We just heard of the increase at Chanel on their popular bags and on some small leather goods, now Hermes has stepped up to increase their pricing on silks and jewelry. From gathering information about this price increase, we have found out that there is about a 10% increase on all silk pieces, including Twillys and scarves plus on jewelry including their infamous Clic Clac bracelets. The Clic Clac Narrow bracelets was at around $610 USD and is now at $670 for each bracelet plus tax!
The CDC “Collier De Chien” bracelet that is another true Hermes iconic piece in their collections, has gone up to $1,175 USD in leather. Exotic CDC bracelets have gone from $2,100 USD to $2,250 - depending on the exotic skin.
As inventory is low and the demand is soaring especially during this holiday season, people are willing to pay a premium on these exceptional luxury goods. We might even see another price increase in early 2022! We will keep you updated as the luxury designer pricing increases.
Have you noticed the pricing increases at your favorite designer boutiques?? COMMENT BELOW!