Chanel price increases were far steeper and more frequent. KL saw many of his bags as seasonal accessories to RTW. I’m one of a minority opinion on TPF that loves lambskin and doesn’t see the dimunition in quality of the chanel bags I choose to purchase. Hermes always positioned their bags as long lasting heritage pieces. There is plenty of room in a collection for both chanel and Hermes.
Especially if you like chanel boucle RTW, a chain strap shoulder or crossbody causes more friction on RTW than a handheld Hermes bag. I prefer not to wear head to toe and designer, so I like to mix it up for that reason too.
Popular models in both brands hold their value at resale better than the vast majority of the collections of either brand, but I always advise clients to purchase only what they love and to get the value back via cost per wear.
note: my bag collection, is primarily hermes, from 2008 onward), with a preference towards B30/K28 (though I also have larger and smaller sizes). I’ve owned my first chanel bags since around 1991 and I have been a RTW client since 2001. So I’ve witnessed the changes in prices firsthand