Everything has raised in price quadruple in the past year and a half or so (even Arket, Cos, and Massimo Dutti want to sell you leather goods not far away in prices to many high end brands, which is ridiculous), but this is really over the top. Weirdly, the shoes I've liked in the past year seem to still be OK in relation to other brands, so I might still perhaps eventually purchase a pair. However, 5K for a woven bag? That's really nuts.
Sadly, The Row hasn't been able to yet top their SS2015, FW 2014, and FW2018 collections.