Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry
Inside Retail
JANUARY 9, 2022
The latest round of price hikes will mark the brand’s fourth adjustment since 2019. Data compiled by the Jefferies Group showed prices for Chanel’s small classic flap bag had jumped by 60 per cent, to US$8,200 (A$11,400), in the US market. The Asian market goes into a frenzy. While the larger 2.55 While the larger 2.55
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