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.
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.
Happy Birthday Chanel 2.55 Bag!
In February, 1955, Gabrielle “Coco” Chanel released the iconic 2.55 Quilted Handbag. The 2.55 handbag would become the most widely recognizable handbag ever. To celebrate the birthday of Chanel 2.55 flap bags, we’re going to take a look back at the history of the Chanel flap bag to learn how Gabrielle’s jersey handbag became the most iconic handbag in the world.