Chanel has raised global prices on some of its classic handbags by almost two-thirds since the end of 2019.
Chanel Handbag Prices Have Gone Up by 60% Since 2019, Aiming for Hermes Status - Bloomberg
Designer Handbags From Chanel Will Now Cost More As It Hikes Prices
How Are Luxury Brands Creating (Even More) Scarcity in the Resale Era? - Fashionista
When considering a designer bag, the question to ask is whether it will hold its value on the secondhand market, not just, "Do I like it?"
Designer Bag Shopping? Think About the Resale Value First
Are Price Increases On Luxury Goods Really Necessary? - PurseBlog
Finding The Right Advisor When Seeking To Purchase Luxury Handbags As Valuable Alternative Investments - Daily Front Row
Your designer handbag could fetch you better returns than your property - CNA Luxury
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
Designer Handbag Storage: Tips to Store a Luxury Collection
It’s all in the details.
What makes that designer handbag so expensive? - CNA