Petite New Yorker Bag in Gramercy SunRay - Gold Hardware
The Petite New Yorker Bag, iconic style, perfectly scaled.
A compact take on our signature silhouette, the Petite New Yorker is crafted from smooth calf leather and finished with a microfiber suede-lined interior. Its structured form and polished hardware make it an effortless companion from day to night.
Timeless, absolutely stunning, versatile, and designed to be reached 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 Petite New Yorker to an illustrative example of a similarly sized, similarly constructed bag from a traditional luxury brand like Prada.
| COST ELEMENTS | SILVER & RILEY | PRADA, FOR EXAMPLE |
| MATERIALS | $135 | $135 |
| LABOR + FACTORY | $140 | $122 |
| FREIGHT + DUTIES | $76 | $62 |
| BRAND OVERHEAD* | $178 | $2019 |
| RETAIL OVERHEAD* | $159 - $208 | $593 - $1188 |
| NET MARGIN* | $58 - $107 | $1019 - $1224 |
| PRICE YOU PAY | $795 | $3,950 - $4750 |
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, Prada 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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