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Prices of Chanel handbags, including the fashion house’s signature “flap” bags, could rise again in September, a top executive said.
Chanel Raises China Prices in September as Luxury Demand Slows - Bloomberg
Double-digit prices hikes have reached the fashion industry. Luxury handbag collector Alyssa Lenore, 31, purchased a Chanel classic flap bag in May 2020 for $5,800. Later that month, the price jumped to around $6,300. Similar bags have jumped nearly 63% since 2019, but demand for these items continues. Watch the video to learn what's driving the rise in prices of these luxury handbags, and how it will impact Chanel.
Why it costs almost $10,000 to buy this popular Chanel bag
In the world of high fashion, a storm is brewing as Chanel, the iconic symbol of sophistication, prepares to shake up the market with a significant price hik
Chanel's September Plan: Pricier handbags, Business News
A new report states that the Chanel Classic Flap may be the best investment against inflation- in comparison to the Hermès Birkin.
Chanel Bags Are Best Investments Against Inflation Says One Report - PurseBop
Watch The Close Full Show (2/8/2022) - Bloomberg
Bloomberg Pursuits on X: Prices of Chanel handbags, including the signature “flap” bags, could rise again in September, a top executive says / X
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