Hermes Steeple Canvas Horse Tote, $2700 via Hermes (for now)

Hold on to your horses, folks. Or at least hold on to your Hermes Steeple Canvas Horse Totes – prices for the most expensive handbags in the world are about to get even higher.

We’re hearing from multiple people, including Mizhattan and Jim Shi’s Twitter account, that prices brand-wide are about to rise 9% at Hermes. There’s some conflicting information over when exactly that will happen – some say the end of January, some say January 24th specifically, some say early February – but whenever it happens, it’s soon. If you’ve been waffling on whether or not you should make a purchase, it’s decision time.

Hermes cites the need for the increase as the ever-rising cost of raw materials, specifically silk and crocodile. While it may be factually true that those things are more expensive than they were a year ago, it would be just as factually correct for Hermes to say, “Why are we raising prices? Well, duh, because we can.” The Hermes customer is not a woman who can be accurately called “price-sensitive” in the first place, and even though everyone grumbles about increases, it never seems to stop Hermes bags from flying off of shelves. Get to shopping, ladies – it’ll be a lot more expensive in a couple of weeks.

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M Martell
M Martell
10 years ago

There goes my dream of ever purchasing a Hermes! lol

http://nyorkeratheart.blogspot.com

Sandra Rowley
Sandra Rowley
10 years ago

I guess there are a lot of us just simply looking for the status symbol. That is the only reason that I can think of to spend the more that twice as much for a bag as other premiere designers. Can you tell me that the Birkin is that much better than say a Celine Luggage Tote to warrant the huge difference in price? I love bags and believe you get what you pay for…to a certain extent…and then you are just being ripped off. Buy the Celine/YSL/Chanel/Balenciaga/LV bag instead and go on a vacation too!

Wesley
Wesley
10 years ago
Reply to  Sandra Rowley

Like you Sandra, their bags are with super crazy prices. For anyone who dream for a Hermes, please awake!!!

Alexandra Davidoff
Alexandra Davidoff
10 years ago
Reply to  Sandra Rowley

So true! No bag can match the experience of discovering another foreign part of the world!

Stacy F.
Stacy F.
10 years ago
Reply to  Sandra Rowley

Hear, hear!

Kates
Kates
10 years ago

Yeah, I gotta agree with Sandra. I think the Hermes Kelly is one of the loveliest bags ever, and I have no doubt it’s exceptionally well-crafted, but after a certain point, you’re paying for “Hermes” not the bag.

Margot
Margot
10 years ago

Agree with Sandra. I want to carry couture, but would not certainly buy a kelly and stop travelling!

Alexandra Davidoff
Alexandra Davidoff
10 years ago

100% agree with Sandra Rowley and I believe overpaying for a status symbol just feeds the cycle of comparing ourselves to unreachable celebrity standards, often losing ourselves in the process. The truth may come painfully to some daydreaming women, but they do not need to emulate celebrity excess to make an impression on the world.

Mirna
Mirna
10 years ago

Like it’s not ridiculously priced already! Thats crazy. I see nothing special about a birken. There are plenty of great quality leather bags out there that we can buy. Tory burch,Rebecca Minkoff and Marc Jacobs make bags that are nicer in my opinion. Let’s not forget the leather LV bags!!! They’re the same company I’m sure it’s the same quality leather 🙂

mochababe73
mochababe73
10 years ago

As much as I like the Hermes as a luxury brand and would love a Birkin, the bag just looks impractical and cumbersome anytime that I see someone with it. You can’t even through it over your shoulder, and it looks like it weighs a ton.
Like Chanel, I can scratch Hermes off of my wishlist.

rose60610
rose60610
10 years ago

Wow. Darn it. I still want an Hermes bag. But I’m not going to buy a bag just because it’s in stock before a price increase unless it’s exactly what I want. All this “Hermes wait listing” garbage turns me off. Hermes is beautiful, dreamy and all that, but I’m not going to wait around an eternity before the Hermes gods decide I’m “good enough” to anoint me with a friggin’ purse.

19yearslater
19yearslater
10 years ago

This is ridiculous. A CANVAS bag that looks like it features a decapitated horse for 4 figures?

Eleanor
Eleanor
10 years ago

A three thousand dollar CANVAS bag (we may as well round up)? My response isn’t appropriate for print. It’s mindblowing. Three thousand dollars?

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