The year 2020 saw the Hermès brand, synonymous with luxury and exclusivity, maintaining its position at the pinnacle of the handbag market. While the last official price increase occurred in February 2019, the prices listed below reflect the market value as of July 2020. It's crucial to understand that Hermès prices are not publicly listed in a readily accessible catalogue, and variations exist based on leather type, hardware, colour, and even the specific retailer. The prices discussed here represent a general overview and should be considered estimates. These prices are significantly influenced by the brand's highly selective distribution model, limited production, and unparalleled demand, creating a secondary market where prices often exceed the retail value.
Hermès Updated Prices 2020: USA Versus Europe
A significant factor affecting the perceived cost of a Hermès bag is the geographical location. While the brand maintains a global presence, price discrepancies between regions like the USA and Europe are common. These differences are often due to varying import taxes, currency exchange rates, and regional market dynamics. Generally, prices tend to be slightly higher in the USA compared to some European countries, although this can fluctuate. For instance, a specific Birkin bag might cost a few hundred dollars more in New York than in Paris, even after accounting for currency conversions. This difference is not always consistent across all models and variations. Finding precise comparative pricing requires contacting multiple Hermès boutiques directly, a task often hampered by the brand’s intentionally opaque pricing structure.
2020 Hermès Bag Prices
Providing an exact price list for all Hermès bags in 2020 is impossible due to the aforementioned factors. However, we can explore general price ranges for some of the most sought-after models:
* Hermès Birkin: This iconic bag remains the brand's flagship, with prices starting well above $10,000 USD and escalating dramatically based on size, leather (exotic skins like crocodile or alligator significantly increase the price), hardware (gold or palladium), and colour. A standard Birkin 30 in Togo leather with gold hardware could fall in the $12,000 - $15,000 USD range in 2020, while rarer variations could easily surpass $50,000 USD or even more.
* Hermès Kelly: Another legendary design, the Kelly bag commands prices comparable to, or often exceeding, the Birkin. Its structured silhouette and classic appeal contribute to its desirability and high cost. Similar to the Birkin, size, leather, and hardware dramatically impact the final price, with a starting point well above $10,000 USD and the potential to reach considerably higher figures for exclusive variations.
* Hermès Constance: A more compact and versatile option, the Constance still commands a premium price. Its smaller size doesn't diminish its desirability, and prices typically range from $8,000 USD to $12,000 USD depending on the specifications.
* Hermès Evelyne: This more casual bag offers a lower entry point into the Hermès world, though still significantly more expensive than most other luxury brands. Prices for the Evelyne generally start around $4,000 USD and climb depending on size and leather.
* Hermès Picotin: A simpler, more functional bag, the Picotin provides a more accessible price point within the Hermès range. Expect prices to start around $2,500 USD and increase based on size and material.
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