I think others have been saying those are coming in early Feb. Someone can surely let us know the exact date, but if you scroll through previous posts, should be identified somewhere.
Any information on 2015 price increase?
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I think others have been saying those are coming in early Feb. Someone can surely let us know the exact date, but if you scroll through previous posts, should be identified somewhere.
From previous posters' intel, the increase in scarves won't happen until Feb 10th; someone pls correct me if I'm mistaken.
Thanks Monceau!! I'm glad that price increase actually varies being 10% might be the highest. Let's hope B/K will increase less than 10% or may be better at 0%
)
You appear to be right. The Tarmac is still $230, Calvi in epsom is still $310 and the Ulysse mini is still $180. Maybe we were spared an increase on some of the SLGs? Let's hope!
It is good to see from previous posts that 10% does appear to be on the max end of the increase rather than a starting point. Let's pray silks meet the same fate of lower than 10%!
My two cents:
I think "middle class" and "aspirational customer" definitions are relative and contextual. Middle class in China has a different meaning than middle class in North America. I also think there are two definitions of middle class: the objective one (how your country defines middle class) and the subjective one (do you yourself think you are middle class). That's why there are a lot of people here who consider themselves middle class and then other posters protest that such people are not, when viewed through the objective lens.
Similarly, a Coach aspirational customer is different than an Hermes aspirational customer.
This forum is full of people wanting to make the jump from another luxury brand to Hermes. They are aspirational customers and it is clear that Hermes wants to (and should) capture this market. These are the people who, once with the brand, will likely want to make further purchases within the brand. Most of us are or were once aspirational customers of Hermes.
My view on the price increase is somewhere between a shrug (ie what can I do) and irritation (I don't like price increases). I won't stop purchasing things I desire: in fact last year I purchased a B on the very first day of the yearly price increase and I remember saying to my SA at the time that you win some, you lose some. However, I will be more picky about what I buy. I have turned down birkins and a constance just because I didn't need them. I will also be more selective about the SLGs and the scarves I buy (I told my SA that I did not need a constance wallet so no need to find one for me). For me, flying to Paris is out of the question: I am very loyal to my SA. While I travel a lot internationally to destinations with great H stores, and my SA always encourages me to grab what I see while there, I will not shop anywhere except at my home store. I get VIP service and as a result, I give back with my loyalty. So the upshot is that I will have to suck up the price increase and then curb my discretionary spending within H and elsewhere (eg buy less art).
FWIW, I have really enjoyed this discussion immensely.
I think "middle class" and "aspirational customer" definitions are relative and contextual. Middle class in China has a different meaning than middle class in North America. I also think there are two definitions of middle class: the objective one (how your country defines middle class) and the subjective one (do you yourself think you are middle class). That's why there are a lot of people here who consider themselves middle class and then other posters protest that such people are not, when viewed through the objective lens.
Similarly, a Coach aspirational customer is different than an Hermes aspirational customer.
This forum is full of people wanting to make the jump from another luxury brand to Hermes. They are aspirational customers and it is clear that Hermes wants to (and should) capture this market. These are the people who, once with the brand, will likely want to make further purchases within the brand. Most of us are or were once aspirational customers of Hermes.
My view on the price increase is somewhere between a shrug (ie what can I do) and irritation (I don't like price increases). I won't stop purchasing things I desire: in fact last year I purchased a B on the very first day of the yearly price increase and I remember saying to my SA at the time that you win some, you lose some. However, I will be more picky about what I buy. I have turned down birkins and a constance just because I didn't need them. I will also be more selective about the SLGs and the scarves I buy (I told my SA that I did not need a constance wallet so no need to find one for me). For me, flying to Paris is out of the question: I am very loyal to my SA. While I travel a lot internationally to destinations with great H stores, and my SA always encourages me to grab what I see while there, I will not shop anywhere except at my home store. I get VIP service and as a result, I give back with my loyalty. So the upshot is that I will have to suck up the price increase and then curb my discretionary spending within H and elsewhere (eg buy less art).
FWIW, I have really enjoyed this discussion immensely.
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Such interesting discussions! I learn so much from you ladies!
I believe silks go up on 2/10. I snatched a few the weekend before last weekend and the SA mentioned 2/10. I also noticed prices of bags increased on the US H site this morning. I believe someone mentioned in this thread a while back that bags and SLGs go up 1/28, silks 2/10, jewelry late Feb and enamels in March. So there's still time to stagger your purchases prior to price increases.
The discussion on aspirational buyers is very interesting. I would probably consider myself an aspirational buyer. I'm professional who works and definitely not rich. I started buying luxury goods in my mid twenties and started off with LV. After LV became the new Coach, I moved on to Chanel. With the recent price increases of Chanel and quality not matching the price increase, I converted myself to H. H is, in general, more expensive than Chanel IMO. However, I also believe H's quality is superior than Chanel. I can afford an H bag or two a year, accessories and silks, but definitely not going H head to toe. I also do my homework before any big purchases to make sure the bag suits my lifestyle, and classics that I can see myself using 20, 30 years later. Echoing many have commented, I will still purchase from H but more carefully and maybe less in quantity.
I believe silks go up on 2/10. I snatched a few the weekend before last weekend and the SA mentioned 2/10. I also noticed prices of bags increased on the US H site this morning. I believe someone mentioned in this thread a while back that bags and SLGs go up 1/28, silks 2/10, jewelry late Feb and enamels in March. So there's still time to stagger your purchases prior to price increases.
The discussion on aspirational buyers is very interesting. I would probably consider myself an aspirational buyer. I'm professional who works and definitely not rich. I started buying luxury goods in my mid twenties and started off with LV. After LV became the new Coach, I moved on to Chanel. With the recent price increases of Chanel and quality not matching the price increase, I converted myself to H. H is, in general, more expensive than Chanel IMO. However, I also believe H's quality is superior than Chanel. I can afford an H bag or two a year, accessories and silks, but definitely not going H head to toe. I also do my homework before any big purchases to make sure the bag suits my lifestyle, and classics that I can see myself using 20, 30 years later. Echoing many have commented, I will still purchase from H but more carefully and maybe less in quantity.
Prices have changed on H.com and assuming the same at the stores:
Pictoin 18 - from $2500 to $2675
Dogon combined wallet - from $1900 to $2000
Evelyne GM - from $3550 to $3750
Prices on leather jewelry like KD and CDC have not changed.
SLGs like Calvi and Tarmac have not changed.
Grab it while you can because I'm sure that they will increase it, may be within a couple of weeks.
Pictoin 18 - from $2500 to $2675
Dogon combined wallet - from $1900 to $2000
Evelyne GM - from $3550 to $3750
Prices on leather jewelry like KD and CDC have not changed.
SLGs like Calvi and Tarmac have not changed.
Grab it while you can because I'm sure that they will increase it, may be within a couple of weeks.
Thank you both for the information. I didn't look back far enough in the thread to find the date for silks. Much appreciated!
Yes, we are clearly seeing a different mindset, a shift towards the externally visible, as you have pointed out. Clothing, accessories, cars, etc. Bigger homes, but with inexpensive finishes, square footage has trumped quality in construction, and very little consideration is given to quality of furnishings. I'm not sure when this change began, but it probably is a byproduct of social media and reality television.
Things seem so different from a generation ago, when my parents would carefully select each piece, expanding on a lifetime of knowledge as they went, and creating a wonderful and very personal space.
I remember their conversations and the careful consideration given to each piece: a pair of sconces, a Pembroke table, a fruitwood tea caddy - no piece too small to be well thought out.
Generational priorities change, and luxury goods and cars appear to be the beneficiary.
When it comes to purchases, I've done some of both over the last several years: a few key pieces for the home, a few personal accessories. With this most recent price increase, I'll just focus on other areas.
I feel very fortunate to have what I have.
This is actually a great time to acquire Oriental rugs and even American and English antiques, as overall preferences have gravitated towards overscale furniture and monochromatic rugs. In these areas, the educational process is just as valuable and enjoyable as the acquisition.
We still have almost two weeks to go before the silk increase, so hopefully there is time to find what you are after!Thank you both for the information. I didn't look back far enough in the thread to find the date for silks. Much appreciated!
You mentioned quality of the home construction. As far back as the 70s and possibly before construction can be very questionable. My dad changed careers later in life that took him from office to home refinishing which was right up his forte since he loved to build things like my wooden ships at bath time, our train's village, etc. He was appalled at the slap-dash finishing work back then. In the 90s when DH and I were home buying -- DH's background is plumbing design -- he would head for the basement checking out at the pipes, the materials used -- the actual guts of the building. Meanwhile I'd be looking upstairs at the eye candy being fooled.
Re H, my scarf buying slowed to a crawl at when the price hit $400; need I say how I feel about this new one?
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