A woman wears a Hermès bag during Paris Fashion Week. The French luxury-goods company is set to increase its prices by between five per cent and 10 per cent in January. Photo: Getty Images
A woman wears a Hermès bag during Paris Fashion Week. The French luxury-goods company is set to increase its prices by between five per cent and 10 per cent in January. Photo: Getty Images
Fashion

Hermès bags will cost more in 2023, so buy that Birkin now: in January, prices will rise by up to 10 per cent, French luxury-goods company says

  • Hermès plans to increase prices worldwide by between five per cent and 10 per cent in January. A Birkin bag in France, now US$7,200, will cost nearly US$8,000
  • Despite the cost-of-living crunch, wealthy shoppers are still splashing out on luxury goods. Owning an Hermès bag is seen ‘as an investment’, says one analyst

A woman wears a Hermès bag during Paris Fashion Week. The French luxury-goods company is set to increase its prices by between five per cent and 10 per cent in January. Photo: Getty Images
A woman wears a Hermès bag during Paris Fashion Week. The French luxury-goods company is set to increase its prices by between five per cent and 10 per cent in January. Photo: Getty Images
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