Chanel Announces More Price Increases in Europe and Asia – WWD

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Chanel Announces More Price Increases in Europe and Asia – WWD

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Chanel has raised the prices of its classic handbags, as well as its incoming spring ready-to-wear collection, by between 2 and 8 percent.

Chanel Announces More Price Increases in Europe and Asia – WWD

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Chanel Announces More Price Increases in Europe and Asia – WWD

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MILAN - French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its signature handbags now cost up to twice what they did before the pandemic in 2019. Major luxury brands have raised prices throughout the coronavirus emergency to protect margins and, more recently, to counter rising costs

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