Any information on 2015 price increase?

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#181
VigeeLeBrun said:
Wowza, MAEML, that's steep! Hmmm, I would re-think buying scarves if that was my case. Just sayin'.
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Vigee, the other day I was looking at gloves on h.com Canada, and even w tax, it worked out to be about 4% cheaper (than buying in the US). Think it's Bc the USD is getting stronger!

So, maybe check out the prices of silks on H Canada, and do a mock checkout to see whether it ends up cheaper for you?
 
#182
MASEML said:
Yep, Canadian sales tax sucks!! Back in the day, visitors could claim part of the tax back, but the govt scrapped that now :(

I try to avoid buying anything in Canada when i visit now, unless it's something I can't find in the USA or london
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agneau88 said:
Does the store in Canada not collecting any sales tax? How does that work in Canada? Thanks in advance.
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MASEML said:
Even with the high taxes, I looked the other day, and it worked out that to buy gloves, it was a little cheaper to buy in Canada than in the US. Must be Bc the USD is getting stronger... I looked for gloves so may not be the same for other things.
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That's right. With the 12% Canadian sales tax on the Canadian retail price, I am still only paying 95% of US retail price. Plus free shipping. Exchange rate is really good right now.
 
#184
Ugh! I will be so peeved if 90cm silks really go up by $50. I started collecting two years ago and the price was $385 at the end of 2012. Then it was $410 in 2013, now $435 in 2014 and if it becomes $485 in 2015, in my mind that's a 26% increase since when I started. Not to mention other format scarves, bags, enamels, and jewelry which is the other stuff I buy. I am really starting to just think I will enjoy my purchases and stop buying new things. I think Hermes may have lost me for good in 2015. The prices are out of control and although their products are lovely, I don't think I can justify their price anymore.
 
#185
MYH said:
Ugh! I will be so peeved if 90cm silks really go up by $50. I started collecting two years ago and the price was $385 at the end of 2012. Then it was $410 in 2013, now $435 in 2014 and if it becomes $485 in 2015, in my mind that's a 26% increase since when I started. Not to mention other format scarves, bags, enamels, and jewelry which is the other stuff I buy. I am really starting to just think I will enjoy my purchases and stop buying new things. I think Hermes may have lost me for good in 2015. The prices are out of control and although their products are lovely, I don't think I can justify their price anymore.
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Yeah - for some reason paying $500 with tax for a scarf seems jarring to me. That being said, no matter how many times I tell myself I need to stop buying new H things because the price is absurd, I walk into a boutique and all resolution goes out the window. I just have to stop checking tpf and walking into H stores- that's the only way I can stop!!!
 
#186
MASEML said:
Vigee, the other day I was looking at gloves on h.com Canada, and even w tax, it worked out to be about 4% cheaper (than buying in the US). Think it's Bc the USD is getting stronger!

So, maybe check out the prices of silks on H Canada, and do a mock checkout to see whether it ends up cheaper for you?
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THIS. Good idea, MASEML. I will compare before buying ~ at least that's what I tell myself. Once in the clutches of my lovely SA, my resolve dissolves and my wallet flies open. :D
 
#188
jyyanks said:
Yeah - for some reason paying $500 with tax for a scarf seems jarring to me. That being said, no matter how many times I tell myself I need to stop buying new H things because the price is absurd, I walk into a boutique and all resolution goes out the window. I just have to stop checking tpf and walking into H stores- that's the only way I can stop!!!
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We must stay strong and silently protest these prices! Except of course for the Las Vegas meet. The enabling will be at an all time high. :laugh: But after that, I'm going to look away.
 
#189
MASEML said:
Yep, Canadian sales tax sucks!! Back in the day, visitors could claim part of the tax back, but the govt scrapped that now :(

I try to avoid buying anything in Canada when i visit now, unless it's something I can't find in the USA or london
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If you shop in Alberta, we have no provincial sales tax, only GST. Thus any purchases made here only add 5% tax to your purchase. Makes the math super easy for me, lol... Alberta is the only province with no sales tax, I live in Calgary so I know it first hand. Sorry if this is off topic...
 
#190
plastic-fish said:
If you shop in Alberta, we have no provincial sales tax, only GST. Thus any purchases made here only add 5% tax to your purchase. Makes the math super easy for me, lol... Alberta is the only province with no sales tax, I live in Calgary so I know it first hand. Sorry if this is off topic...
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Oh wow! That's amazing! Has this always been the case....should make a trip to Edmonton or Calgary in the summer, never been even though I lived in Canada for 2/3 of my life..
 
#191
Even with the 13% tax, it's still cheaper to buy 90 silk in Ontario today, and especially even cheaper now with the weakening CDN$.

Canada 90 Silk + 13% Ontario sales tax = C$474.60
US 90 silk + 8% NY sales tax = C$557.55 after exchange rate conversion.

After 2 silks, I can still have money left to buy a twilly. :p

I still don't get why prices in the US will have such a high increase or any increase at all. The Euro is cheaper now compared to the US$ so the imported price to bring H goods into the US will be less now if the item price in Euro is still the same. H USA will just make more profits as a result. I just hope the increase won't be too much and turns a lot of people off. I'm curious how much other luxury brands like Chanel and LV will increase relative to H.
 
#192
MYH said:
Ugh! I will be so peeved if 90cm silks really go up by $50. I started collecting two years ago and the price was $385 at the end of 2012. Then it was $410 in 2013, now $435 in 2014 and if it becomes $485 in 2015, in my mind that's a 26% increase since when I started. Not to mention other format scarves, bags, enamels, and jewelry which is the other stuff I buy. I am really starting to just think I will enjoy my purchases and stop buying new things. I think Hermes may have lost me for good in 2015. The prices are out of control and although their products are lovely, I don't think I can justify their price anymore.
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MYH - I agree with you.


I understand price increases but as I mentioned before, the price increase at H far exceeds the pace of inflation. And while I personally won't notice paying an extra $30 or $50 on an item, what galls me is what the increase represents on a percentage basis. My other concern is that in Canada, the price of silks did not go up in 2014 so the Canadian pricing is due for a correction. And if one thinks about where the CAD is relative to the USD, I would not be surprised to hear that the price of a silk 90cm will be close to $500 or maybe even more in Canada. I think this gives me more incentive to slow down my shopping at H (I average out to be a monthly shopper) and enjoy what I currently have. I also reflect on the article posted yesterday from AdWeek - which I thought was great - that talked about how an H scarf is sold every 25 seconds ... maybe that might change to an H scarf being sold every minute now that the worldwide price of H silks is going up LOL.
 
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