Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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Price increases and stock shortages appear to be a good thing for luxury brands. Or so it seems after Chanel's strong annual figures.

Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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By Parija Kavilanz, CNN Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in 2023, are trading down when they’re shopping, and that includes in secondhand stores. Demand for secondhand goods remains red hot, with the resale market expected to reach $82 billion in sales by 2026

Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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Chanel could increase the cost of its $10,000 handbags again this year after it already raised them by 8 percent in March.

Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

Chanel exec says it could increase the cost of its $10,000 handbags for the second time this year

Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories

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