{"id":72667,"date":"2021-11-05T17:27:04","date_gmt":"2021-11-05T16:27:04","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=72667"},"modified":"2021-11-09T11:39:00","modified_gmt":"2021-11-09T10:39:00","slug":"chanel-increases-the-price-of-its-bags-before-the-holidays","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/chanel-increases-the-price-of-its-bags-before-the-holidays\/","title":{"rendered":"Chanel increases the price of its bags before the holidays"},"content":{"rendered":"<h4>Luxury group Chanel has raised the price of some of its most sought-after handbags as the holiday season approaches.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>Chanel<\/strong> has increased the price of some of its iconic bags in the space of a few months. Among them, <strong>Chanel&#8217;s Small Classic handbag has risen 16 percent to 7,300 euros<\/strong> since the end of September. In another example, the brand&#8217;s <strong>iconic 2.55<\/strong> quilted leather with gold chain was priced at <strong>7,800 euros<\/strong> on Chanel&#8217;s website on Thursday compared to 6,050 euros in December 2020, an increase of nearly 30%.<\/p>\n<p>&nbsp;<\/p>\n<p>A spokesperson for the group said in an email that the price increase &#8220;<em>only affects our iconic models, namely the Timeless Classic and the 2.55.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>Last year, Chanel&#8217;s sales fell 17.6 percent, but its core profit margin was about 20 percent, analysts said, making it <strong>one of the most profitable companies in the luxury sector<\/strong>. It said in June that it expects double-digit revenue growth in 2021 from pre-pandemic levels.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>Like all major luxury brands, we regularly adjust our prices to reflect changes in our production costs and raw material prices, as well as currency fluctuations,<\/em>&#8221; the spokesperson said. &#8220;<em>Price adjustments are made to avoid excessive differences between regions.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>After announcing a <a href=\"https:\/\/luxus-plus.com\/en\/chanel-limits-the-purchase-of-its-bags-to-fight-illegal-resale\/\">purchase limit for its bags last October to prevent illegal resale<\/a>, Chanel is taking it up a notch by raising its prices. <strong>A tactic of exclusivity<\/strong> at a time when luxury is more than ever <strong>a long-term investment and a guarantee of durability.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/a-collectors-book-to-celebrate-100-years-of-chanel-n5\/\">A COLLECTOR\u2019S BOOK TO CELEBRATE 100 YEARS OF CHANEL N\u00b05<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Chanel<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxury group Chanel has raised the price of some of its most sought-after handbags as the holiday season approaches.<\/p>\n","protected":false},"author":1,"featured_media":72678,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Luxury group Chanel has raised the price of some of its most sought-after handbags as the holiday season approaches.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Chanel,luxury,luxury bag,2.55,handbag,bag,purchase,durability,increase,holiday season,luxury brand,investment","footnotes":""},"categories":[1772,5868],"tags":[22419],"class_list":["post-72667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-luxus-en","category-retail","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/72667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=72667"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/72667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/72678"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=72667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=72667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=72667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}