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The luxury brand is citing higher materials costs for raising handbag prices three times in a year.
Chanel’s most popular handbag is now more expensive than an Hermès Birkin for the first time. Investors should take note.
Mon Dieu! Chanel Challenges Hermès in Bag War - WSJ
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Price increases have been a focal point of discussion in the past, but recent upticks are being linked to Birkin popularity and more, per some experts.
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Here's the real information you need to know about the Chanel Quotas and upcoming Price Increases in November on classic flaps.
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