Chanel has increased prices of three classic handbags styles by approximately six percent, effective November 1, 2018. In July, we reported that Chanel was raising their prices on several classic and seasonal styles. On October 17, Chanel released a statement saying that price increases are inevitable due to inflation and rising costs of production and materials; therefore, the prices of three bags, the Timeless Classic, Boy Chanel and 2.55 Reissue have been increased.
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Chanel Price Increase Coming On July 1
Breaking news, Chanel lovers!
Just after Chanel revealed earnings for the first time in its 108-year history, prices of select handbags are increasing on July 1, 2018 in all US Chanel boutiques. It’s no secret that Chanel handbags go up in value. But how much will they increase? Keep reading to find out.
How To Read A Chanel Tag
If you live in the US, you may receive a tag if you buy a Chanel bag from a Chanel store or boutique. You can also find this set of numbers on Chanel receipts. If the Chanel item comes with a white tag or has a white sticker on the box and you want to know what all those letters mean, we’re going to teach you. You will also learn the most common Chanel style numbers. A Chanel tag has an important role in identifying the authenticity and style of the bag.