How does the price increase work?

sarachryan

sarachryan

O.G.
Jun 6, 2007
769
167
#1
I tried on a lindy bag in my local store about 2 months ago. I know that they still have that bag in stock. So with the new price increase if I were to go and buy it today would the price have increased? I can't remember exactly what it cost when I looked at it the last time
 
#3
sarachryan said:
I tried on a lindy bag in my local store about 2 months ago. I know that they still have that bag in stock. So with the new price increase if I were to go and buy it today would the price have increased? I can't remember exactly what it cost when I looked at it the last time
Click to expand...

My understanding is that the price will have increased. I don't think Hermes keeps the old prices on existing stock and only apply the price increase to new stock.
 
#4
MattNY said:
My understanding is that the price will have increased. I don't think Hermes keeps the old prices on existing stock and only apply the price increase to new stock.
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Matt is definitely right. The stores re-tag existing stock with new tags listing the new and increased price. I was told that leather goods increased by 8% a couple of weeks ago, but there seem to be varying reports on the exact amount.
 
#5
MattNY said:
My understanding is that the price will have increased. I don't think Hermes keeps the old prices on existing stock and only apply the price increase to new stock.
Click to expand...

MattNY is almost certainly correct---if you live in the US (or one of the locations where the prices went up)--the new price will be in the computer and that is what you will pay.
 
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