{"id":80722,"date":"2022-03-22T10:48:11","date_gmt":"2022-03-22T09:48:11","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=80722"},"modified":"2022-03-22T11:44:24","modified_gmt":"2022-03-22T10:44:24","slug":"chanel-raises-prices-for-the-4th-time-in-12-months","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/chanel-raises-prices-for-the-4th-time-in-12-months\/","title":{"rendered":"Chanel raises prices for the 4th time in 12 months"},"content":{"rendered":"<h4>The luxury fashion house Chanel has decided to increase the price of some of its bags, marking the fourth increase in just one year.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>At <strong>Chanel<\/strong>, the price hike means that some of the label&#8217;s products cost up to twice as much as they did before the 2020 pandemic. Analysts at <em><strong>Jefferies Group<\/strong><\/em> estimate that <strong>Chanel has increased handbag prices by an average of 71%<\/strong>, while in Hong Kong a small, classic Chanel bag costs 96% more than it did in late 2019.<\/p>\n<p>&nbsp;<\/p>\n<p>The bags affected by the price hike are the <em><strong>Chanel Coco Handle<\/strong><\/em>, the <em><strong>Chanel Business Affinity<\/strong><\/em> and the<strong><em> Chanel Boy Bag with Handle<\/em><\/strong>. The former in particular will now start at \u20ac4,364. But not all handbags will suffer the same fate. <strong>The majority of the coveted classics will be spared<\/strong>, and will continue to retail at their current prices.<\/p>\n<p>&nbsp;<\/p>\n<p>The French fashion house is not the only luxury brand to have increased its prices during the pandemic. Indeed, many brands have opted for the same strategy <strong>in order to protect their margins and to counter the rising costs of transport, logistics and raw materials<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>In a statement Chanel explains, &#8220;<em>What has been implemented is not a price increase, but a harmonisation of the prices of our entire in-store offer, a principle we have been applying since 2015 and which aims to avoid excessive price disparities between the markets where we are present<\/em>.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/why-do-south-koreans-flock-to-chanel-shops\/\">WHY DO SOUTH KOREANS FLOCK TO CHANEL SHOPS ?<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo: \u00a0\u00a9 Chanel<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The luxury fashion house Chanel has decided to increase the price of some of its bags, marking the fourth increase in just one year.<\/p>\n","protected":false},"author":380,"featured_media":80739,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The luxury fashion house Chanel has decided to increase the price of some of its bags, marking the fourth increase in just one year.","_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":"handbag,chanel,increase,prices,luxury goods,leather goods,bag","footnotes":""},"categories":[1964],"tags":[],"class_list":["post-80722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-strategy"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/80722","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\/380"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=80722"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/80722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/80739"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=80722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=80722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=80722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}