While in Spain a few weeks ago, my mom and I popped into Hermes Valencia. The store was in a beautiful area and there were beautiful bags sitting on the shelves begging me to take them home. There was the 25 cm Birkin in Etoupe, the baby, who was incredibly chic and cute. The Kelly’s were more vast and even more stunning, including a 40 cm Kelly in Rose Dragee with Swift leather. And while I loved the bag, my mom fell head over heels for it. Her heart was set on this bag, 100%. We took it out, she tried it on, she stood in front of the mirror. I was playing with the 30 cm Black Croc Birkin, but my mom was not having any of that, the Rose Dragee had her heart. Personally a Hermes Lindy or Kelly Longue in Rose Dragee would get my vote; but not my mom, the 40 cm Kelly was perfect. The problem was the price. It is not that we went into it thinking anything from Hermes is inexpensive, it is that the exchange rate is so horrible for the US Dollar versus the Euro. The 40 cm Kelly cost 6500 Euro. A whopping 10,036 US Dollars. Obscene, right? What happened to the times of traveling to Europe and finding deals? We realized that almost every English speaker we heard was from England, not the US. The economy in the US is definitely in a slump and the dollar is very weak, which means less Americans traveling abroad and meant that we left Hermes Valencia empty handed.
Have you felt the effect of the weak dollar on your travels? (more…)