Chanel Responds to Decreased Demand With Increased Prices in China - Retail Bum

With Chinese consumers cutting back on luxury purchases, Chanel is responding interestingly by raising the prices of its premium products.

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Chanel Responds to Decreased Demand With Increased Prices in China - Retail Bum

China’s consumer and producer prices fell together for the first time since 2020, a deflation cycle that could give global central banks some help in fighting inflation in their own countries but signals a worsening outlook in the world’s second-largest economy.

China Slides Into Deflation as Consumer, Producer Prices Decline - BNN Bloomberg

Luxury brands have bumped up prices multiple times this year to recoup lost spending caused by the Covid-19 pandemic. The strategy has an expiration date.

Increasing prices in Covid-19? Chanel, Louis Vuitton show it works

China’s yuan weakened past the key 7 per dollar level for the first time in more than two years as a fragile economy and strength in the greenback weighed on the currency.

Offshore Yuan (CNY) Drops Past 7 Per Dollar for First Time Since 2020 - Bloomberg

Prada Sales Jump With Miu Miu Flats, Cardigans as Big Fashion Hits - Bloomberg

China Inflation Slows More Than Expected as Covid Lockdown Flares Up - Bloomberg

Luxury Group Chanel Raises Prices, But Not in China

A new report predicts China's luxury market rate of growth will slow this year, but will still increase by 15 to 18 per cent. The biggest hit? Entry-level shoppers.

China: Luxury growth rate to slow in 2022 with fewer entry-level shoppers

A flood of ethical investors is driving down borrowing costs for companies selling debt used for environmental or social projects. That’s great if you’re a solar-panel maker, as you can issue low-cost green bonds to help pay for your new factory. Ring-fenced green funds don’t work so well if your business only spends limited amounts on infrastructure and research, or if your sustainability plans encompass a variety of different projects. That’s why fashion house Chanel opted to sell sustainabili

How Chanel Set New Fashion in Environmental Bonds: QuickTake - Bloomberg

Chanel Global Price Increase September 2023 - PurseBop

Luxury brands raise prices to maintain earnings amid increasing costs - Global Times

Chinese cities were among the biggest movers down the rankings, mainly due to the country's slow post-pandemic recovery and subdued consumer demand

Singapore, Zurich surpass New York to become world's most expensive cities

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