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Dec. 23, 2024
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Apparel and accessories

Chanel price increase imminent based on surging consignment sales, says Baghunter

May 17, 2016

Illustration of Chanel's 2.55 handbag Illustration of Chanel's 2.55 handbag

 

By Jen King

As a response to rumors that Chanel will raise prices in 2016, the consignment market has witnessed a rise in purchases of pre-owned handbags from the French atelier.

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  1. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  2. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  3. Preloved items from Hermès hold highest resale value: The RealReal
  4. Porsche Design boosts in-store traffic with Linkin Park collaboration
  5. Luxury Unfiltered: Reclaiming luxury leadership when client expectations shift
  6. What to look for when buying your first luxury watch
  7. Harry Winston emphasizes duality with new watch collection
  8. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  9. 2024: The challenge for luxury amid global and regulatory changes
  10. Global millionaire count to increase significantly by 2027: Agility
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