zanney said:I am surprised that not many mentioned Hermes.
I don't get the prices on their bags and clothes.
Can anyone please explain?
Good question. While the quality on Hermes is very, very high, (especially for leather goods), most of the high price is simply because of the name.
For example, I've heard that for their leather goods they reject over 98% of the hides that they are sent. So, you are guaranteed that the leather in your bag is of the highest quality. Nevertheless, is it worth as much as a small car, as in the case of a kelly or (especially) a Birkin? I don't know; I'll let you know when and if I ever have that much for a bag...
For their ready-to-wear, shoes, and non-leather pieces, the prices are really crazy. They usually outsource them to factories around Europe that make clothes and such for other companies, or their own labels, out of the same materials at 1/3 or 1/4 the price. The rest of that price is simply the Hermes name and the buyer's recognition of that name and its supposed "quality." Yes, it is high quality, but the savvy shopper can find the same quality elsewhere.
John