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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