With all the closures and disruption in 2020, what will the price increase be in 2021? The usual 3-5% or...?
Guess we'll find out!
Guess we'll find out!
Price Increase in 2021
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I’m hoping because of all the uncertainly Hermès will take pity and not do an increase! Perhaps hopeful wishingWith all the closures and disruption in 2020, what will the price increase be in 2021? The usual 3-5% or...?
Guess we'll find out!
Price increase started on french website (scarves 90 from 375 to 385, CSGM 945 to 950 Twilly 155 to 160 Euros ...), Bastia only some from 180 to 184 in Epsom (personalized still same price) ...
The CSGM is unchanged though it was 950€. Only twilly and 90cm silks has had a price increase from what I observed. Most of the other formats have been spared. Sharing snapshots of silk in € and £ for change in price increase.
2020
2021
However our fellow members in Singapore reported an increase of $50 in the 90cm format. In US increases tend to happen in February and staggered over depts so, guess we'll have to wait and see.
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French website
Bolide 31: 5950 -> 6200
Mosaique 24 mini: 5800 -> 5950
A dos Bridado backpack: 3450 -> 3550
Aline mini: 1340 -> 1370
Verrou mini: 5900 -> 5950
Sacabar 24: 4550 -> 4600
2002 bag 20: no change (still 6650)
Trim duo 24: no change (still 3900)
(attached some screenshots I took of old price a day ago because I was curious about the changes)
Bolide 31: 5950 -> 6200
Mosaique 24 mini: 5800 -> 5950
A dos Bridado backpack: 3450 -> 3550
Aline mini: 1340 -> 1370
Verrou mini: 5900 -> 5950
Sacabar 24: 4550 -> 4600
2002 bag 20: no change (still 6650)
Trim duo 24: no change (still 3900)
(attached some screenshots I took of old price a day ago because I was curious about the changes)
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Price comparison snapshots of SLGs in UK £
2020
2021
2020
2021
Phew! Doesn't seem to have been the most painful price rise, especially in the UK.
Interestingly price increases seem far more strategic this round, rather than a rounded % increase. For instance the Silk'In change purse has increased by 8% whilst the Kelly Pocket Compact a mere 3%! Suggests increases have been higher on popular items and those less successful with smaller amounts.
Interestingly price increases seem far more strategic this round, rather than a rounded % increase. For instance the Silk'In change purse has increased by 8% whilst the Kelly Pocket Compact a mere 3%! Suggests increases have been higher on popular items and those less successful with smaller amounts.
That is what I’m feeling like they are doing too based on the bag price changes on the French website.
Also I’ve shared in the 2020 thread the price increases that took place in Mainland China (which started a couple weeks ago), and was staggered across categories, the bags were also increased and I’ve seen reports that the quota bags saw increases too just before the new year and it was like 3-5% as well.
So it sounds like at least for now we are keeping with tradition and not seeing the 10% increase that was rumored (mostly by resellers, so, you know...)
It never occurred to me that resellers are the ones stirring up some of these rumors! Makes total sense now!
They don’t typically occur until mid February.
Further price increases on french website (CSGM from 950 to 965, Gavroche from 175 to 180, double face from 490 to 520 Euros ... - ), tableware as well (Carnets d'Équateur e.g. dinner plate from 166 to 170, tea cup from 204 to 210 Euros ...)
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