Your Birkin and Kelly bags just got pricier! Hermès to make US shoppers foot the tariff bill

Hermes plans to offset U.S. tariffs by increasing prices on all products sold there starting May 1st, impacting its wealthy clientele. Despite this move, first-quarter sales rose 7%, falling short of expectations due to low inventories. While U.S. sales show double-digit growth, the company remains cautious due to geopolitical uncertainty and potential tariff implications.