Chanel raises prices in Korea to 'ensure fairness

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Chanel raises prices in Korea to 'ensure fairness

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Chanel raised the prices of its handbag, jewelry and clothing products in Korea by 5 to 12 percent on Wednesday, citing global price equity as the primary reason. This is the company’s fourth price hike this year. As per the price increase, the price of Chanel’s Mini Flap Bag rose by 7 percent, from 5.94 million won to 6.37 million won ($4,190 to $4,490), while the price of Chanel’s Classic Large Fl

SEOUL, Nov. 1 (Korea Bizwire) – Luxury fashion brand Chanel is raising prices by up to 30 percent in South Korea, despite criticism. …

Chanel raises prices in Korea to 'ensure fairness

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