Price Increase in 2021

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Edit: and I just saw this

U.S. Suspends Plan to Impose Tariffs on French Luxury Goods
Thank you for posting this. There was nothing on google yesterday.
 
Fellow members in Singapore shared here that in Singapore B/K/C prices actually went down! I also saw report on SNS that certain other things went down a little too (a belt went from 1040 to 1010 SGD for example).

In the US last year certain things went down in price too when price adjustment occurred (I personally know some shoes and home goods did, like 50 dollars).

Hermès officially calls things “price adjustments” and while 99% of it is increase we’ve now seen that in rare instances they decrease things by a little.

The whole tariff thing though is probably a whole other issue. I’ve still no idea how that will play out.

Edit: and I just saw this

U.S. Suspends Plan to Impose Tariffs on French Luxury Goods
OH HAPPY DAYYYYYYYYY!!!!!!!!!!!
 
I am hoping no increase for bags. I have a SO Constance Elan on order for 2 years now, I was a little nervous when I heard the increases. Most of the time, prices increase has nothing to do with the tariff. The profit margin has it all covered.
 
I saw a post on RED that K25 retournes increased by approx 11% in the US. I am hoping this did not come from a credible source and is not accurate information..........
 
Fellow members in Singapore shared here that in Singapore B/K/C prices actually went down! I also saw report on SNS that certain other things went down a little too (a belt went from 1040 to 1010 SGD for example).

In the US last year certain things went down in price too when price adjustment occurred (I personally know some shoes and home goods did, like 50 dollars).

Hermès officially calls things “price adjustments” and while 99% of it is increase we’ve now seen that in rare instances they decrease things by a little.

The whole tariff thing though is probably a whole other issue. I’ve still no idea how that will play out.

Edit: and I just saw this

U.S. Suspends Plan to Impose Tariffs on French Luxury Goods
What a relief!!!!
 
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