Classic New Yorker Bag in SoHo Red - Gold Hardware - WAITLIST
The Classic New Yorker Bag, a timeless companion, defined by elegance and ease.
Inspired by the energy of its namesake city, this structured silhouette blends sophistication with everyday practicality. Handcrafted in Italy from smooth calf leather, it is equal parts refined and resilient.
Designed to move with you, from morning meetings to evening moments. Beautifully made and endlessly versatile, this is the bag you'll find yourself reaching for, again and again.
Detailed Description
PRODUCT SPECIFICATIONS
Leather Info
CARE Instructions
Pricing Transparency
We believe in transparency. In much of the luxury industry today, pricing is driven by brand overhead, not the materials or craftsmanship. This includes costly celebrity campaigns, runway shows, and expensive advertising. Traditional markups can reach up to 90% before a product reaches the customer. In contrast, every Silver & Riley piece is priced fairly and with intention, closely aligned with the cost of making it. Nothing inflated. Nothing wasted.
Here’s a breakdown comparing the cost of the Classic New Yorker to an illustrative example of a similarly sized, similarly constructed bag from a traditional luxury brand like Fendi.
| COST ELEMENTS | SILVER & RILEY | FENDI, FOR EXAMPLE |
| MATERIALS | $221 | $221 |
| LABOR + FACTORY | $167 | $131 |
| FREIGHT + DUTIES | $98 | $118 |
| BRAND OVERHEAD | $252 | $2473 |
| RETAIL OVERHEAD | $179 - $298 | $907 - $1263 |
| NET MARGIN | $159 - $278 | $1100 - $1267 |
| PRICE YOU PAY | $1195 | $4,950 - $5450 |
Brand overhead includes the costs of running the business like marketing, customer service, warehousing, and team operations. Retail overhead covers selling costs through retail partners or affiliates. Net Margin is what the brand retains as profit to fund future growth.
This comparison Is based on publicly available data, financial disclosures, and industry expertise. In this case, Fendi is used as an Illustrative example, though similar pricing structures apply across many brands owned by the three major luxury conglomerates: LVMH, Kering, and Richemont Group. For a full breakdown of cost components, visit our Pricing Comparison page to learn more.
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