If you’re in the mood to splurge, do so on a bag that will be a power player in your wardrobe for seasons. Quality craftsmanship never goes out of style- you won’t outgrow your bags like a pair of clothing or shoes. Image credit: Despite its exorbitant price tag, Hermes maintains its power pricing as wealthy shoppers are still ready to splurge on luxury goods. Furthermore, Hermès works with gorgeous exotic skins like crocodiles, ostrich, and alligators which explains the hefty cost. Birkin, £12,200 Unlike the Chanel bags dominating the 1980s, the Birkin was quietly luxurious and devoid of shouty logos. In addition, they craft their bags only with the most exceptional luxury leathers, prized for their scratch-resistance, durability and supple, buttery feel. But, for a wearable leather accessory, one might ask: How does it fit together? The company took a conscious call to increase the prices due to higher wages and input costs in Europe. The Hermès Birkin is one of the most extravagant handbags in the world. Image credit: What makes Hermès Birkin bags so expensive? In addition, following the yen’s depreciation, the prices in Japan are likely to be higher than in the US, where the dollar is strong. Although the Herms Birkin 35 is too large for an evening bag. A spacious carryall, the Birkin 35 is an ideal travel bag and doubles as a feminine briefcase. For instance, a Birkin 25 in Togo leather, which currently costs €7,400 (US$7,200), will set you back €8,140. Measuring approximately 14 inches wide, 11 inches high, and 7 inches deep, the Birkin bag 35 is a chic tote that secures all your daily essentials, including your iPad and MacBook Pro. The prices worldwide are expected to increase between 5% and 10% in January 2023, as opposed to a 4% increase in 2022. Hermès Birkin bags are a labour of love, but should you wait to buy a Birkin bag? Perhaps not! A Birkin bag will cost much more in 2023. Hermès Birkin bags will be more expensive in 2023 Moreover, a search for #birkin on Instagram also throws up over 5.5 million results – cementing its position as one of the most coveted and talked about fashion purchases of all time. The bad news however, is that the iconic bag will cost even more next year.ĭid you know that the highest price ever paid for a handbag at an auction was a whopping US$379,261 for a rare Hermès Birkin? Clearly, demand for the Birkin has risen steadily. Those in the know would agree that the Hermès Birkin is one of the best bags to invest in. It seems the most valuable investment a woman can make these days isn’t in shares, but in a designer handbag. Not to our surprise, it will cost more than an arm and a leg to get you one of these Birkin bags in 2023.
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