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Top luxury brands from Chanel to Louis Vuitton have increased prices of some of their most coveted products as they seek to make up for sales lost
The Luxury Price Boom: Why You Should Invest in Chanel Handbags Today, Handbags and Accessories
Expect to pay more than US$9,000 for Chanel’s quilted leather 2.55 handbag this holiday season – the French luxury brand has raised the prices of some of its most sought after bags.
Chanel raises prices on handbags again ahead of holiday season, and by up to 29 per cent; company cites rising costs and exchange rates to justify increases
In the run-up to the Holiday Season, Chanel hikes handbag prices
CHANEL says it protects its supply chain by rising prices - LaConceria
Some of its signature handbags now cost up to twice what they did before the pandemic in 2019. Read more at .
Chanel increases prices again in Europe and Asia
Conglomerates like LVMH, Richemont and Kering are the masters of supply chain control.
Luxury goods: why elite brands are weathering the pandemic better than high street retailers
Luxury Goods: Luxury sector undaunted by Covid, soaring inflation, ET Retail
Chanel is controlling the distribution of its handbags by limiting the number a customer can purchase per style, per year.
Chanel to limit sales of its bags to bolster exclusivity
The prices of the iconic small classic handbag has gone up by 16%, the quilted leather 2.55 by 30%
Why Chanel bags are getting more expensive
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Chanel's approach to marketing: Then and now