Crocodile skin. Why are Hermes bags so expensive
When it comes to crocodile skin, the three big words Hermes come to mind unconsciously. Yes, Hermes is a symbol of luxury, and its brand's crocodile skin products are expensive because of their unique design and high-end image. However, the price disparity of crocodile skin in the market is still relatively large, and some styles can be won by several hundred pieces, while Hermes a bag can cost hundreds of thousands or millions. Why is that? In fact, the price difference between crocodile skin products mainly depends on the source of leather, quality, brand, production process, market supply and demand and other factors.
The origin of the crocodile skin
Crocodile skin, also known as crocodile leather, is a high-grade leather material commonly used to make luxury goods, leather goods, footwear, and fashion accessories. Crocodile skin is known for its tough and wear resistant properties and is very durable. It is usually more resistant to daily wear and scratches than ordinary leather.
Each crocodile skin has a unique texture and scale pattern that varies in different areas. This unique texture makes crocodile skin a highly recognizable leather. Crocodile skin usually has a natural sheen on the surface, making it look very luxurious. This gloss can further enhance the appearance of leather products.
Although crocodile skin is hard and durable, it also has a soft texture that can be adapted to different leather goods and fashion designs. Crocodile skin is less absorbent than some other leathers and is therefore relatively less susceptible to water damage.
Crocodile skins can come from different types of crocodiles, such as Nile crocodiles, American crocodiles, crocodile belly skins, etc. Of these, Nile crocodile skins are generally considered to be of the highest grade because of their distinctive, uniform skin pattern and fine texture. Other types of crocodile skin are relatively inexpensive.
Due to the scarcity, durability and uniqueness of crocodile skin, it is usually classified as high-end leather, and the price is higher. Some famous luxury brands such as Hermes and Louis Vuitton often use crocodile skin to make their top leather goods and fashion products.
Luxury brands such as Hermes usually choose the highest quality crocodile skins, which are usually sourced from high-quality crocodile farms or wild crocodile skins. The processing and farming process of these leathers is very expensive to ensure their quality and stability.
Handling and quality of leather
High-end brands usually choose the highest quality crocodile skin, with a fine treatment process. This includes steps such as careful selection of leather, dyeing, polishing and trimming to ensure the superior texture and appearance of the leather.
Brand premium
Luxury brands such as Hermes and Louis Vuitton enjoy a high reputation in the market, and their products usually carry a brand premium. Crocodile skin products from brands such as Hermes often have a unique design, style and brand logo, all of which add value to the product. Luxury brands usually enjoy a higher brand premium than ordinary brands.
Handmade and limited production
The products of luxury brands are usually made with exquisite craftsmanship, and every detail is carefully carved and handmade. This requires highly skilled and skilled craftsmen and is therefore expensive to produce. In addition, some products are produced in limited quantities, increasing their uniqueness and scarcity.
Market supply and demand
High-quality crocodile skins are not readily available and supplies are relatively scarce because crocodiles reproduce at a relatively slow rate. Supply and demand have a significant impact on prices, and prices can be higher if a certain type of crocodile skin is in scarce supply. Some luxury brands may have long-term supply contracts to ensure they have access to high-quality crocodile skins.
As for the preservation rate of crocodile skin in the luxury market, under normal circumstances, high-quality crocodile skin products have a relatively high preservation rate in the market. This is mainly because their quality and uniqueness make them a favorite among collectors and luxury enthusiasts. However, the retention rate is also subject to market fluctuations and fashion trends, so not all crocodile skin products will hold their value.
High-end brands of crocodile skin products are usually more expensive and generally hold their value, but this also depends on the specific market conditions and product characteristics.