Robert Chavez

Shoppers wishing to pick up a Kelly bag from Hermès can expect two inevitables: a considerable wait and a minimum price tag of $6,000. (Want the crocodile-and-diamonds version? They ring in at more than $100,000 a pop.) The purse first became the envy of women everywhere after the late Princess Grace Kelly was photographed, in all her celestial glamour, carrying one in a 1956 issue of Life magazine. And according to Robert Chavez, president and CEO of Hermès, demand for the smallish, conservative square-pouch-with-a-handle has exploded in recent weeks.  read more »