Chanel Tests Purse Lovers With $3,000 Price Hikes - WSJ
Leading luxury brands have increased prices of some handbag lines, ostensibly to protect their profit margins. Other brands may fear a backlash if they follow suit, however.
First Chanel, now Louis Vuitton – will prices of more luxury brands go up after losses during coronavirus lockdowns?
Chanel was founded in 1910 in Paris, France, by Gabrielle “Coco” Bonheur Chanel with the mission to revolutionize women’s fashion. Starting with creating hats and opening her first shop in 1910, the flap bag didn’t make its way into women’s arms until 1955. Today, Chanel is one of the most sought-after luxury brands in the world. Continue reading to learn about the history of the iconic Chanel Classic Flap bag, how much they cost and how to find an authentic one for less. [newsletter] Chanel Flap Bags are Worth the Investment The Chanel flap bag not only holds its value over time, but its prices have steadily increased over the years, making it a worthwhile investment. Their iconic style, high-quality materials, classic design, and sought-after name make Chanel flap bags easy to resell should you wish to do
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