Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry
Inside Retail
JANUARY 9, 2022
A spokeswoman from the brand stated, “Like all major luxury brands, we regularly adjust our prices to take into account changes in our production costs and raw material prices, as well as exchange rate fluctuations. While the larger 2.55 The price of a Chanel bag reflects not only a sense of exclusivity but also our values.”
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