Chanel’s $10,000 Handbags May Become Even Pricier in September - Bloomberg
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Chanel’s $10,000 Handbags May Become Even Pricier in September

  • Fashion label already hiked bag prices 8% on average in March
  • Chanel is monitoring input cost inflation, currency volatility
Chanel has applied an average 8% price increase on their bags.Photographer: Christian Vierig/Getty Images
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Prices of Chanel handbags, including the fashion house’s signature “flap” bags, could rise again in September, a top executive said.

Chanel typically reviews handbag prices twice a year, in March and September. In March, the company applied an average 8% price increase on bags worldwide, Chief Financial Officer Philippe Blondiaux said in an interview Thursday.

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