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HERMÈS by Martin Margiela Initial Bag

Sale price$14,009.00

Known as the only bag designed by Martin Margiela during his time at Hermès, the Initial Bag is one of the most iconic archive pieces from the Margiela era.
Part of the quietly revolutionary womenswear collections Margiela created for Hermès between 1997 and 2003, this model was introduced in 2002 and perfectly reflects the intellectual minimalism of the period.

At first glance, the design appears extremely understated.
However, by hooking the shorter handle to one side, the structure subtly forms the “H” initial — a highly conceptual detail that defines the bag.
Rather than relying on visible logos or decoration, the brand identity is expressed entirely through form and construction.
It is a design that beautifully merges Margiela’s restrained vision with Hermès craftsmanship.

The elongated silhouette and softly structured body sit naturally against the body, while still offering practical space large enough to fit A4 documents.
Despite its size, the bag maintains a surprisingly light and elegant impression when carried.
Crafted from Evercalf leather, the surface has a refined sheen and smooth texture that enhances the minimalist design with depth and sophistication.
Classical yet modern.
Quiet, yet unforgettable.
An essential archive piece that represents the spirit of the Margiela-era Hermès collections.

【Brand】Hermès
【Material】Leather
【Color】Black / Silver
【Serial Number】◻︎G Stamp (2003 Production)
【Accessories】Clochette
*The original clochette is missing, therefore a necklace-style replacement has been adjusted in length and included.
【Control Number】2003
【Size】
H 8.7 × W 12.6 × D 5.9 in
Shoulder: 22.8 in
(H 22 × W 32 × D 15 cm / Shoulder 58 cm)
【Condition】
Outside: AB
Minor scuffs, slight cracks on the glazing, and slight loss of shape are present.
Inside: AB
Minor signs of wear are present.