The brand has substantially increased their handbag prices by at least 60% - signaling a shift toward the secondary auction market. Chanel Classic Flap Bag Perhaps the most visible
Come September 2023 and the prices of Chanel handbags might go up once again, Bloomberg reported on 25 May. If raised, this will be the second time this year that Chanel would be changing the price tag across the board for one of its most coveted creations. The French luxury fashion house founded by Coco Chanel is renowned for its handbags, carried as prized accessories by some of the most famous names on the planet including Rihanna, Kim Kardashian, Rita Ora, Katy Perry, Gwyneth Paltrow and Dem
Be prepared for another potential Chanel handbag price hike
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
Since the pandemic, designers such as Chanel and Louis Vuitton have hiked up the prices of their signature handbags for a number of reasons.
Designer Handbag Prices Increase Details: Chanel, Louis Vuitton – WWD
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Chanel hikes handbag prices in run-up to Christmas
Chanel Classic Bag with Flap, Black/Burgundy
Chanel may raise prices of its coveted handbags once again
Chanel may limit purchases more in exclusivity drive
THE ONLY CHANEL BAGS WORTH BUYING AFTER THE PRICE INCREASE
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