The luxury brand is citing higher materials costs for raising handbag prices three times in a year.
Chanel Tests Purse Lovers With $3,000 Price Hikes - WSJ
Chanel may limit purchases more in exclusivity drive
Chanel has raised its prices several times since the start of the pandemic and, like Hermès, is now limiting the number of items a customer can buy to maintain exclusivity and stoke demand.
Hermès and Chanel limit bag purchases to keep them exclusive and stoke desire for their products
Investments aren’t just typically what you think of. There are many alternative investments such as vintage cars, fine art, wine, and luxury goods.
Why You Should Invest in Chanel Bags - PurseBlog
Find out why it’s time to sell and how to achieve the highest price for your Chanel bag! Sell your Chanel handbag comfortably online with SACLÀB. LEARN MORE >>
Selling your Chanel bag: What you need to know
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.
Resale value of Gucci, Chanel, Louis Vuitton handbags is falling
From age-old classics to new wave novelties, here are the bags that retain the highest resale values, according to experts at The RealReal.
Get Your Bag: The Handbags with the Highest Resale Values
Chanel Is Limiting South Korean Shoppers to Buying 1 Bag a Year
Chanel's Revenue Boom: Price Hikes, Pent-up Chinese Demand Fuel Growth