lt;p>Shrewd and trendy shoppers are snatching up Chanel bags and purses in hopes of keeping their cash from losing value amidst staggering inflation.</p>
The Luxury Price Boom: Why You Should Invest in Chanel Handbags Today, Handbags and Accessories
Focus: Handbags at dawn: Chanel duels South Korean resellers in luxury boom
In 2016, a medium Chanel Classic Flap bag sold for about $4,900. Fast-forward to today, less than a decade later, and the product has more than doubled in price: it’ll cost you around $10,200…
Will Luxury Brands Ever Lower Their Prices? - PurseBlog
A classic designer bag is one of the best buys you can make. From the Chanel Classic Flap Bag, to the Dior Lady Bag, these investment bags are worth the money.
The Best Investment Bags To Buy 2023 - Classic Designer Bags
The rising cost of a Hermès Birkin has less to do with inflation and more to do with branding (and Covid-19) than you might think – here’s why luxury brands are boldly charging more than ever
The real reason Louis Vuitton and Chanel are raising their prices? Brands aren't just weathering the pandemic – luxury goods only get more desirable when they're less accessible
Chanel hikes handbag prices in run-up to Christmas
For wealthy New Yorkers, inflation protection is in the bag
Double-digit prices hikes have reached the fashion industry. Luxury handbag collector Alyssa Lenore, 31, purchased a Chanel classic flap bag in May 2020 for $5,800. Later that month, the price jumped to around $6,300. Similar bags have jumped nearly 63% since 2019, but demand for these items continues. Watch the video to learn what's driving the rise in prices of these luxury handbags, and how it will impact Chanel.
Why it costs almost $10,000 to buy this popular Chanel bag
Understanding the Latest Chanel Bag Price Hikes and the Resale Market, Handbags and Accessories
Designer Handbag Storage: Tips to Store a Luxury Collection
