Price increases 2020

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Out of curiosity why isn't a price increase justified? Perhaps the prices of core materials haven't increases so much but one of the way H distinguishes itself as the epitome of luxury is through price also...shouldn't it increase the price to maintain its exclusive status, so long as quality is upheld?
It's because of the price disparity and price increase disparity between the UK and EU.
 
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Out of curiosity why isn't a price increase justified? Perhaps the prices of core materials haven't increases so much but one of the way H distinguishes itself as the epitome of luxury is through price also...shouldn't it increase the price to maintain its exclusive status, so long as quality is upheld?
There’s a price increase yearly on Jan 1. What isn’t normal is the percentage of increase, in this case 10%. For the most part, the increase has usually been 3-5% depending on the item across departments. However, there has been significant price increases in the UK within the last few years. It was 8% in 2017 and 10% in 2018 across all departments and this year it was 4-5% increase. As is, the disparity is enough for one to buy a Eurostar ticket to shop in Paris and still come out on top especially if one buys RTW, shoes, or jewelry. :doh:

And one can easily argue about the quality being upheld in the recent years but that’s a topic for discussion here instead. ;)
 
There’s a price increase yearly on Jan 1. What isn’t normal is the percentage of increase, in this case 10%. For the most part, the increase has usually been 3-5% depending on the item across departments. However, there has been significant price increases in the UK within the last few years. It was 8% in 2017 and 10% in 2018 across all departments and this year it was 4-5% increase. As is, the disparity is enough for one to buy a Eurostar ticket to shop in Paris and still come out on top especially if one buys RTW, shoes, or jewelry. :doh:

And one can easily argue about the quality being upheld in the recent years but that’s a topic for discussion here instead. ;)
Gotcha! Don't European prices also increase though? I figured Europe was also going through a 10% increase on Jan 1...though I appreciate that doesn't address the gap
 
Gotcha! Don't European prices also increase though? I figured Europe was also going through a 10% increase on Jan 1...though I appreciate that doesn't address the gap
They do but the increase is 3-5% in general across departments for prices in €. I doubt there has been a 10% increase in € on any given year. At least not in the past 5 years that I know of. At the heart of it, Hermès is a French company and they still want it to be exclusive yet “accessible” to the French, if that makes sense. This is one main difference between Hermès and other brands like Chanel which has gone for global standardization in pricing or VCA and Cartier, where the former can have more than one price increase in a year. :shrugs: (How often does one get more than one pay raise, if any in a given year!?)
 
They do but the increase is 3-5% in general across departments for prices in €. I doubt there has been a 10% increase in € on any given year. At least not in the past 5 years that I know of. At the heart of it, Hermès is a French company and they still want it to be exclusive yet “accessible” to the French, if that makes sense. This is one main difference between Hermès and other brands like Chanel which has gone for global standardization in pricing or VCA and Cartier, where the former can have more than one price increase in a year. :shrugs: (How often does one get more than one pay raise, if any in a given year!?)
Yep! The last few years € price increases have been very minimal!
 
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Last year there were rumours of 10% in the U.K. but in the end the increase was v small- around £10 more on a 90cm scarf. Anyway, I’ve bought my one scarf of the new season from France, just in case :biggrin:
Last year the US had a ~$1,000 increase on sellier kelly so pardon if I'm not too sympathetic re your scarf :annoyed::biggrin:
 
Last year the US had a ~$1,000 increase on sellier kelly so pardon if I'm not too sympathetic re your scarf :annoyed::biggrin:
Yes, but the US also didn't have a price increase for about 3 years prior to this year's price increase though. ;) Not to mention the price increase in the US is staggered by departments, usually starting end of February going through March which still allows one to purchase items from the new season unlike in Europe, especially for silks. ;)

Lol.. and the increase on croc b/k was insane... wish I had bought before the increase. Hoping there isn’t a huge hike in exotics for the new year. I want this to be my year!
From my understanding, price increase on exotics, especially crocs in general are always double digits percentage wise :sweatdrop:
 
Yes, but the US also didn't have a price increase for about 3 years prior to this year's price increase though. ;) Not to mention the price increase in the US is staggered by departments, usually starting end of February going through March which still allows one to purchase items from the new season unlike in Europe, especially for silks. ;)
Girlfffffriend I don't care how you stagger it... I have been and am still getting robbed compared to Europe. PeriodT.
And let's get real here... I ain't talking about a scarf. :coolio:
 
Lol.. and the increase on croc b/k was insane... wish I had bought before the increase. Hoping there isn’t a huge hike in exotics for the new year. I want this to be my year!
I hope not either!!!! I cry just thinking of te price for a sellier kelly now... let alone another price increase???
This IS your year babe... inc or no inc... YOU are getting your bag!!!!!

I'm going to try my luck any and everywhere I go this year for Lizzie. That is the one exotic I have to have....
 
I hope not either!!!! I cry just thinking of te price for a sellier kelly now... let alone another price increase???
This IS your year babe... inc or no inc... YOU are getting your bag!!!!!

I'm going to try my luck any and everywhere I go this year for Lizzie. That is the one exotic I have to have....
Thank you girl! I really hope you get your Lizzie this year too! Those are so rare I wonder if we’d even know if there is a price increase lol.. 2020 will be our best year yet! Increase or not
 
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