Oblivious to the fearful economic situation, the luxury market is still thriving, and Chanel is no exception.
According to recent reports, classic Chanel handbags will be experiencing a 20% increase in price. For instance a Classic Caviar Jumbo Flap Bag (above) that currently retails for $2,850 will jump to $3,420 in a mere couple weeks.
The price mark-ups will take effect come November 1.
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