Hermès

New Hermès Prices for 2023: A Mixed Bag

The usual 5-10% price increase held for many bags, but some increases were much higher

As I reported last October, after Hermès CFO Eric du Halgouet told reporters about the early 2023 price increase, there was lot of talk about exactly how much the increase would be and on which products. Predictions hovered at around 5-10% in general, with the reasons cited for the increase including higher production costs (which includes both raw resources and Hermès’ production growth in the form of new workshops and craftsperson hiring/training) and currency fluctuations.

Impressive Sales Performance in 2022

This followed the announcement that Hermès’ 3rd quarter sales were up about 24% to over $3 billion (Hermès’ 2022 sales increase for the year was about the same percentage).

Although Asia accounted for the largest portion of Hermès’ revenue – almost half, which sounds impressive until you realize that Hermès prices in Asia are by far the highest; items in Asia are priced at about 30% higher than the same items in the US and nearly 60% higher than the same items in Europe – demand was higher in every market, especially in the United States, which has seen both large market growth and sIG if isn’t infrastructure expansion, including multiple new boutique openings and a brand new New York City Flagship.

New Prices Revealed for 2023

Well, the new prices have arrived; at the start of the year for Europe and at the beginning of February for the United States. While for leather goods, the price increases did hover generally around 5-10%, in some cases, they were significantly higher.

Bag Leather 2022 2023 € ‘22 € ‘23
Kelly 25 Togo $9,900 $10,900 €7400 €8050
Epsom (Sellier) $10,600 $11,300
Alligator $36,100 $42,000
Kelly 28 Togo $10,600 $11,300 €7950 €8650
Epsom (Sellier) $11,200 $11,800 €8350 €9100
Kelly 32 Togo $11,300 $12,000
Clemence $11,300 $12,000
Epsom (Sellier) €9050 €9850
Kelly 35 Togo €9050 €9200
Mini Kelly Epsom $8,250 $8,700 €6150 €6700
Chevre $8,900 $9,450 €6650 €7500
Box €7550 €9250
Lizard (Ombre) €13200 €16000
Ostrich $15,500 $16,400
Croc (Nilo) €22000 €26200
Croc (Poro) €24200 €28800
Kelly Doll Gator/Swift €10,200 €11,300
Kelly Pochette Swift $6,050 $6,500 €4500 €4900
Kelly Depeches 25 Togo $8,150 $8,450
Evergrain $8,400 $8,750
Kelly en Désordre Epsom €9500 €10500
Kelly To Go Epsom $4,575 $5,500
Chevre $4,700 $5,500
Box $6,150 $7,600
Crocodile €14400 €16500
Birkin 25 Togo $10,100 $10,400 €7400 €8050
Swift €7700 €8400
Epsom Sellier €7950 €8650
Ostrich $19,600 $20,200
Alligator €32600 €39000
Croc (Poro) $49,300 $52,100
Birkin 30 Togo $11,200 $11,600 €8150 €8900
Touch (Togo & Gator) $23,500 €16500 €18200
Alligator €37520 €40100
Constance 18 Epsom $7,950 $8,750 €5850 €6700
Chevre $9,200 $10,000 €6750 €7700
Constance 24 Epsom $10,200 €7000 €7500
Constance To Go Epsom $5,350 $5,500
Evercolor $5,450 $5,600
Mini Lindy Clemence $6,400 $6,650 €4700 €5100
Swift $6,850 $7,100
Ostrich $12,800 $14,100
Lindy 26 Clemence $7,800 $8,150 €5750 €6250
Swift Verso $7,900 $8,500
Evercolor $8,400 $8,400
Evelyne TPM Clemence $1,900 $2,050 €1400 €1570
Evelyne PM Clemence $3,475 $3,650 €2550 €2800
Maurice $3,525 $3,725
Bolide 1923 Mini Chevre $5,600 $5,800 €4100 €4700
Bolide 1923 25 Epsom €4650 €5250
Epsom Tricolor $6,600 $7,150
Bolide  31 Clemence $8,500 $8,850
Della Cavalleria Mini Epsom $5,600 $6,050 €4100 €4650
Picotin Micro Swift $3,200 $3,325
Picotin 18 Clemence $2,875 $3,025
Maurice $2,950 $3,100
Clemence Monochrome $3,325 $3,525
Pocket (Canvas & Swift) $3,600 $3,775
Touch (Clemence & Gator) $4,225 $4,825
Ostrich $9,250 $9,250
Picotin  22 Clemence $3,150 $3,325
Jige Elan Swift $3,875 $4,050
Geta Chevre $5,800 $5,950
Garden Party  30 Negonda $3,600 $3,775
Garden Party  36 Negonda $3,800 $3,975
Roulis Mini Evercolor $7,400 $7,750
Ostrich $13,200 $14,800
24/24 Mini Evercolor & Swift $8,450 $8,800 €6200 €6750
24/24  29 Togo & Swift $9,200 $9,600 €6750 €7350
Maurice & Swift $9,250 $9,600 €6800 €7400
24/24  35 Canvas & Swift $9,800 $10,200
Halzan  25 Clemence $5,050 $5,300 €3700 €4050
Verrou Chaine Mini Chevre $8,450 $8,800
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ZZTop
ZZTop
1 year ago

Nope – Hermes has lost me with the price gouging. Sold my Birkin 25 recently and now selling my KTG. I would much rather spend my hard-earned money on Lora Piana, Tod’s, and other brands whose craftsmanship and quality match the price they sell their bags for. Hermes hoity-toity can keep their exclusivity and snobbish policies.

Ed B
Ed B
1 year ago
Reply to  ZZTop

Lora Piana is wonderful but their RTW seldom seems to fit me well. I wish their cut was just a little different to compliment my figure.

Samantha
Samantha
1 year ago

I don’t see the Birkin 35. Are the prices going to remain the same? Otherwise, I feel that Hermes price increases are always reasonable compared to Chanel or other brands.

Victoria
Victoria
1 year ago
Reply to  Samantha

$12,800 for a Togo 35

BeeWee
BeeWee
11 months ago

Do you have any pricing info for Kelly’s or Birkin’s in box leather?

MystryxDiamondz
MystryxDiamondz
1 year ago

I’m sorry if this is off topic a bit I just was wondering about the Hermes bag piping materia I’ve looked a few places and couldn’t find what it’s made of ? It holds the bag together . does anyone know ? Need help because i have a hermes bag and looks real weight height stamps exact and everything else I got it from a friend who buys expensive bags and looking into this Hermes birkin bag I inherited a few months ago

jiljenner
jiljenner
1 year ago

In most cases, the piping is made from the same material as the rest of the bag (so, a Togo bag would have Togo piping; an exotic bag will have exotic piping, etc.).

Exceptions would perhaps include a special order with Multico options (search the forum), or a special edition such as the Faubourg 20.

It is likely your bag’s piping is made from the same material as the bag itself.

Adangerousbeauti
Adangerousbeauti
1 year ago

Ate the kelly prices for the sellier silhouette?

Mr. Nicks
Mr. Nicks
11 months ago

Any prices for the Haut à Courroies 2023?
Thanks!

Ali R.
Ali R.
10 months ago

Why is the Constance 24 listed on here as $10,200 but used sites show it as much more? I really want one but don’t have a store (SA) nearby. Secondly, if I’ve bought a few small items online (scarves and belt), would they consider I’m worthy for a Constance 24? 😂

Vlad Dusil
Admin
Vlad Dusil
10 months ago
Reply to  Ali R.

The prices listed here are Hermès retail. Resale sites list typically list desirable bags with a markup due to the lack of retail availability.

Maryy
Maryy
8 months ago

Hi, is there anyone who knows the price of Kelly 25 sellier touch croco?

Curiosity
Curiosity
6 months ago

Is it worth it to slightly adjust plans while in England, to stop by and purchase there as opposed to US boutique? I’ve been told styles are 2 to 4 thousand US dollars less in Europe for the same purchase.

Starbella
Starbella
5 months ago

Does these prices include taxes?

Kristina
Kristina
2 months ago

Hi I don’t see Birkin 35 is it discontinued?