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The Kelly bag requires 18 to 25 hours of handicraft to make, with each item created by a single artisan. [ 2 ] [ 3 ] [ 4 ] By the mid-1990s, a Kelly bag was priced at US$ 3,500, [ 2 ] [ 3 ] [ 4 ] and as of 2019 prices ranged from US$8,500 to US$13,000, with exotic leathers priced higher.
In 2020, retail prices start at US$11,400 for a Birkin 25 bag. [9] Costs can vary widely according to the type of leather, if exotic skins are used, and if precious metals and jewels are part of the bag. A bag made of exotic skin and diamond was sold at auction by Christie's in Hong Kong for a record price of US$380,000 (HK$2.94 million) in May ...
In 1956 this design was renamed the Kelly after being prominently worn by Grace Kelly. [2] Coco Chanel first created her quilted-leather 2.55 in February 1955. [3] In 1984, Hermès modified another of their designs, the Haut à Courroies (originally created around 1900) to create a bag for the actress and singer Jane Birkin. [4]
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By the end of December 2016, the Hermès family, as partners of Émile Hermès SARL and their family members, collectively owned 65.1% of the share capital of Hermès International S.A. through a number of asset holding companies and direct ownerships, which entitled the family to 74.8% of the voting rights on allocation of net income and 77.2% ...
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