Retail
April 28, 2022
Chanel has announced another price increase. But this is sure to backfire as Chinese youth have found alternative sources of luxury in the resale market. Image credit: Shutterstock
{"ct":"6IPAToYxGd0drRBd72a7AQqs2OQOQk\/9apKPO4Z7LPZ\/HocPaXz4eiuWCKTdWF3AK5\/2qoFggNSz4YaWSO0FvI6xDhrN55y7NvVPP\/lx\/vzXQQUvYc4KUPjaQm667tAIyCAWc8j\/QB4MhsKUIpmPnf2RBIVMHrd\/PUMARD370LCjgbDRrJx9xNk4hK\/8kIf3bD3QwXMpNkU\/d7+HxRQ3+sNMaJaGts5eXx6OSn0oOdepYQEQguTrr3UrGlFA3meLRkXWbqCh67JKrFCTZ23cx11cfNhVdi61fWhyxER\/g3kjZlOh+b+JZ3CB3M9WuUu5f6BETyg3wIi0OIkgNOprj4bJaKsJATSVIo+\/izvPL5gtG4lB184AtDbpyX85VkVIvas79qNLPOzmV1yQMWsUKBL0R7Bc5TbqXXDVTYCov8iiwZ9HD3e62mtTCfD5\/KzhzpnMu4vKN1\/hdg1OtyU56kSg9vhAJkd2dum3cZwwvugzFY0wjoO0Ogv9j6Xo0X\/hUtJGPpPBzvRHbPCRBJz6P7HhUB4z+KJGhqmZBeJN4kTYHW9S+Lh2ER4pYSieHGmesH1whpyaNrasxqfYGw4Z4KIM1bl732DtuX4UCNnvO+4a86ZQQUQGOEAZ5s2dpbY9i5JMoBKnCn5gCGlZ\/9QAo2WmXdKbPDpAcHj8dy751facqI2X+rEbX6lU187d3Omjp8WSCxrA84ofLA9YWHD+fEBspj5fqrnHir2RWmrS8C4Ok3EToYY3JxZrLMbf2CmBcp23W24toBULL7fmiR2j0L9nTEg1VUH93evRTMwONT5SCu1Ae\/OSJRH5RH4Xn4z3KZ99ErrQ3+X3nOSBRPfyTuoEYDFQt7sWg661FcmraJUO5pt7c8Sl8HOWhVAR9oiia2JKuUlaFivzHLms7RaZCXiIJMuyRfx4hwCkq0wkXG18sI4FOrpQCKxGqB+X4TELispYKMAg38pOZAntCb4TPKOsBeW3L+6bJEVwp2\/7nU1XmmsFioYrFDi1iH3E6\/a2unxGLafsTz\/Gsqffy9OWd\/duLetwguMIjWBUYTbbHEeVtvQJtkG9rfW6A+UJfPypON8IB7rsUrWEZ\/PqvtArjSBUmoeAXjFjZjoYfX4sCXwMqpdAmIwTislGFQroQpCQW\/XEIolYgDDXZdF09\/vbloQClyLYKYcIw\/rtPSp1sJmTvZO1VdhPYNRlEW\/YfeMGSmWIGROoHc5oZHeglXsEck\/aVP+1D2UORVHOxq05nsQj6GXtBLkTDQ9pkm9I7RrgOLjwv14xw9Z9kQcMSFoQ+QoNxg3LcWBFsWoSJy\/kvrIls9g304\/KXnf5ErmXeb+inePyVGSF07+x72u56nZcVl\/oqK60FqBXNjN8W50\/adgOTYG\/Cf3cNbPu1My4yoOScnvvpWSqBvgAAJX04vjOtZt\/ULGg2X7jFURFz2UFPmARD\/jsuFD\/vf3Eeehj1baFZ4V\/vTlK51DRwgESy\/NEJMDFMk3gmsNbR8LhCyrbYqxPkklpzdLxvH28uf8XoyruqrkQCOrgqQlaPKf5Fn3I8S+2eWynqg1iMcS\/qTx8UcBx3cNJEFeFxyTumHonATM2pBStCMLgWI0UT1Zk6\/mJlVpUsGi3pjqibHuC5fkWs+BIQloo78GGxryP7wBsSXeQUW8DcqLX3qJFG8TYZ2SJ6OLtnbyMQuggCWNLD1KaW3V\/jZcSjVUF3g6QSfgglkSCEreSX7abbR5KcRbm02YvfqZKKlbarjSzfmLkgkdl5IEaoo0A1gDLr27Ic4obiJYwxulMNqtk6uNDpW2VWw8J7DWo4auL5wDUkHFScpZYEn9l4CPGAY8wswgNA6WjSiXKvNHwaS6+SO2tVNFyNa\/2cjGPQfHou3A74Fqo7\/CahbgRS40UMN4wPxrHGT0JivC1nt1rYmSkn+1u+tJttEBX7Hz4AhsAMYZFHpmDQhBr3pXu919xiHgio9G9lfI5HzUSAtT1ZWhfJPpUs9YLLQQ1q0JeHGS5pH5Uiy84UDWOKwztq6pwTOm1boM+QiKMJxoM9FAgp1cd3sJjU6CfKsHQYHpwQs8x94Ixjl7fCHTWJjdEyM404du3aQ0IoBjMUagMQwu0H\/Bjqw53mec03X7yP4hRN53IiLte\/VqnjnY1oE4SYhHteWa98FQAot3WaIpbvWJh\/+HF8HWuY4aY7oQ1c+J9MGRbSqUbfx1hsn58WsZRpCU3tT\/LVrtsbk2Ro+VfelB1V0YMK\/DaDibW4RvJgJmvWGP3EAsPSHQdPeXuRwWU6EdzzIXQIA5uDVnf16RduWd8rZ+6LRG0uby+umjP5lYbzqXMPVFKKe027YiueVx26vEmp6dLyew0miai\/oLtEFFSKxFRUoghV0mkNTpXsQn6V6QLwN05ZkaRD30kRTqycdPHOwlLyauaRsSA8SSMw9hLRI9cKvrxM9FQTk6pUlkKAc2ue4yuQ7IN1FPhu65rEfmJHCWoqWSWo2UNh3wtVAmM1uxiZZbfgt3edy0bl0zQgFKlv7ErBM2e3ZYEvaX1C6Ayk5tL0LfYVgn0xv6acV+00l+6aTrJwAD7pUoMuYBhRqZu3+hJJINeGEuZHAeZ6J3TbeIBh\/M\/9XK5iHm\/pfNWuoXbX6mFm\/tt8YjwpLxk8unPg1mZd2ZgIQg8G9yCFkgZseHAGuzuXT4N8XoJqVed3p\/gzXgiInfXaHsUPACV59gkUWAY0X6gOZBUq1+PrxCuj1qnqlly0tapTukFsFsOPiOo4E9eqFY0AR0hrbyU6nafPyDCqYipOxp4udwV05i\/52x7VVN2mN9elWshG5BnXW7r1hXtqQiAWixGBCTsTcGO95T2dsmHl03TuXsmQqksh6Klipplp9mp6g5uvue1r8LYPZYw6W7dGotJCmhn7Uow3Fzi0pz70mp0SUhDeN+Ko6Qygs4FhZDW6epWUdtq2+gfYRnw\/vDihTjlCR+ZsX+7swWG03hQtia9cWPds9si\/HBZXzx5CfcVUSK1dexUVQ+qeiQayKFD9n51HO9\/V4eqypE6elURjsvQQQhKQoX7Xgw76N\/shzi+Tik+UvsVjUu5EBbfCj5TtfjQTccwJwjel2cqLVunwHiNyqTHiPt8p7owwQ+ZMZXQV94Ho9GGCRQJ2hugmjmwoCWsQX4Qesh1J7rQqMTNcjbZTkDWG0Aqs6Aj7Q4ym0pLVs9hjFmRadfS1PqlF9jzDy+LXuomBOOT17E852PeIh8yk5TPXDcS3PK7nBf2CxL\/ckNuE612\/6r55UNOErDFYk\/KxdNr0nrNv3jWZiJXOR6m62Kvs4JCeuJn7076gbPcS2BJxcFR1bOHR0CJRnjwTpwi9IXAkEt4nstLAI6zuBDmYu4mTu43BulUb1rBTB8\/weqJ9\/j8vKogfEliDKLdTEzS+oThlZR46A4iwnm7m6iCrq1cTZKaNKQZ0CPDgKPV0q01h73YE8dmY\/vJRtvioz46XUCCLN9octMq+f5WfRVnEKZkrUAj8pqcUYMIz6Zs3qLosSzMk2xGwx71kPAL9hWiGbwFjfOm+3paGZwMr4bR029R\/BW91DkgFu+Inb9lAcEn7llggxEErYQ2G6MmWl0m16ATKbafWdDaUHeOop1elT6gE0lqRjrV3cg8\/ag4UTGn1rsXwTBY67KHIQF1wqTrkIJOU37cNRkgRfgcxWK1wby2vtBPfA98OVqyIK+T1b++OHY+uclDe64vKpSlhDOJbfZO\/JI2rUE6Jia32LQV4zM0vDu73mb8IWyrxA57hi8s0wbdTOH4K+Tc9KbYn4mzrDPtI0ao9vBJCb\/urVadtRNjFpdQ2hVZ4RxONwvo+nQHIMOO89dbbDz\/AYDr2VLRU8kaxZerXrLb9ABPhgz\/77dnAAG+bvQumUT9C1HNVX3KtzNLcRT1IINCPQhkNUxR9BhrpwKpwR7RmEsnSFQ+Rh7ozthpwyiA0eHr64zhg+zU3THPGui3BCP1nH5aXjydPuCu3QTpD9cwtX02opwoqzyOHOkV5bHUqR8R9ClVcrJSMY4ZiTAEMMnJ39hiQEUvSI5pisTZedkc4BHfu4Y0MfgM4\/mnVaBOoH9vbWVjK\/QSb4MzIag4HYioEz2+liWJVvEb9DeZq7w0DGL\/X7wme+1UrDFAkgbRjz6Pxrv4EQPxLTme7yEOT33GK6O0WxXy7h0DJhKt+gDkovlDzoaDb268ND0Ebmf9Usuv0ruo2+80B7PzYw2PojsgAiPs25Se+upoqwctfEYALv2kyqqRRk64TczxWihSsNwKsxXi5k14gkaoXos3icw170nHmjZuR7CM0\/YvbP\/3G6lFGCXf3l7IG+nrDE6yzBl9wOxW4BQF4yNwqVTjmZ6DPgzQpfwA13INug9vtFMg1iCubInt\/Kxd0SJMNg9wTgDIO9zm8SwvugpRDe8bnqHLIjShyWX+fQu8H4Gj7DjYioW4aHiYLRbXNRxCh39WegBZv3dAAFzJBTNESm2aW6CFNTxtKb9gLrBzF8KVLGD+i53LzDKuUrW4hpD0Pgfs6jZjBKYVGhSTRxlra3TTMIYt3hV4c\/WZ7ljIzJgQdU8F9QIM1agPIamLtV15eB7QSFv\/g2NdltyLJGtdVHJY7hFApojSsQXSbBJPhSYfT9XZR2\/lucx\/PZMHeNwnJ6DCC1uDpHe+Rs+x8phZLrxeFDAnWtkQuPStdXMX8lZ30rjo0D03JJB+dIIgRlFjWcCorTIDsLuDwf5rqeqO47mJ1GLSH2ZWkKwSqpO2WI0uZn1Crx0rGctAUqZImlH8O6ZMr9qYX6iKcSKeF1wny6u4Krut87qZpgLSKV9\/DDsWmmfhbJ0I+PL6a5cEVw5mqPQsZ7iP6BT32osW4QIB96bKEy80Yfo2nMpace5AItbmOqD1sj4+wlk0koRKwBE\/Z0v4SFsoUwz\/qbY4DObSikIqoGkxkQp\/v0R2chI5V6U3g9gDVjs0fHLGc15lv9UIKudVJC0DtYbhFGfLzrgXqHaq5UMaXMW3yiJSFb\/r5+qmZ2bJwXHmz7aW9IbUBUcdi3ikRX9AMKrEkwv2M3wj59nT5zrmnMTxLiDkMiLjIrxwpGhm0tJHG6cbFCaC8B8FpMMtkxbGmjIDW729uMeFA6dfMEVe1C\/yjNrnyIC3BSS5OBVAMQHN7T5835d7oA5Yg2FhlinxHlxt6vvd0px6Mf9\/DhaQ+J1Wp+ef2Jt0kGQg26Qg2K53isEsTS2REfq2q\/nClHbUVseuIV\/n\/A4Ms\/d+0EgYQKMh8D3ZaTvfecflBg\/rci4YhNrM1aY4Zg9Y7ERJXm9IZK5WJbLQm1N1XwtX\/u3H3Vglwhfhz2DsW3ZQrMlbxg5GqnxlUjMjcRAS\/xQU7GSb\/4Ebq3bBYvSPiIZJ5xUgeD8reK5RPMjBajOpsFtBusFZTwrsW6JRbldgOwV4ZPkjBkJBLmCtIFVOMt3Wztl1iMI5cHhGm\/P\/5SAbUp8EZXIZU5K1xbyKnqdvZGx6nW+4+5lws8mKVXPVU3p65Td8lkorlLckUs2+rCjHTF4Xi98CKZnNiVL\/ZZ08awqzKJiO0BPDA70qlB3wiluh0RAy2oQqTSTzOMgp2BzOoSGABgjgkWifvUh6ujMkkUT8h1fGXWFVm4EhgCx\/5wDMwbu03kvJzrxPdlVCfMt2VO7dnhWEJNn56OUs1NDArcdyRsH5cRgZHqTcPLvTYevAvOqnQeuXf0EfsruRZdBIDyz6K4\/6tLpwmwf46\/db3TjQdK\/O9olR4pMcW2YxJXR81D2UuU95VJ+ArHifCid2A95kbtQaTyFluvnKer9k4cTtDqk8j4F395\/+4EXC4bM+C9iPrRP8eGY00UN1C6FkHdJTd5Yu8jDoWefjkyz1ZbGynzS+bXGYoxocX+\/BRyEKqjfSQIFR6FhrpBekUkv2pSKE0XJ+45YdyKK4QQDzby08c7JoRIiZ7XkA+fKCesJC8+aZp2O+fbpOaefmDV4VfUrWxiTvC70RXK0L8l\/nLlTE8gqilFqULG15QCkjw6ovVL1byZ5NtsrE7S7jui4qfKm11A2mPcQ\/lgZovQqueTgDVEbkwclSBmT\/LHBX41EVEnq1392yLalQdrLWkxuyJiUGcmy0DZjq0NwvJnueV6Y54j4dK9m5x6MdwQ5Q5Ddp6NlbeeBv\/uMdNtIsfK4M8lMsLoHIZeRObBsM+2MdAvP8QWVcETxiXa7VLZX\/B0U+gDbJUDLEqUBF8vVYNgFfZOWgfaiK8eO4sISmvL5Iv2joJGpifbgDbm9TK5l9dwtiS6NYPeR8ONxxqVUierMWuAaINpVsyQ0Ju2VxB52liGBFSG8LG4as\/yaOpOxva3heQHp\/FL+HY31ZglwXea1JfmE9nBWdsI3ggfX8iPAyjY16Gk0n3eTloknHZqM9p\/wL\/9SYXQDbtU+SSZXPZzYVwWiA4GngIVi\/NiszYikZZs4WIleguJkc28kJV2tBxfNyshVBnz2Y30FhWB30i408kobW8mvltv+bX9yLVfAiIEpStAfDFQoglFSDvf+5PFwgUU8p0MZLqc3DuPCuIPoO94KLDDdlFz+L5hExHfVg+tHqQXttNPtmmACganqvQtXC0p8ysyEGtOR3J0bE6pZIBTS+\/mIg1PwUOTd1\/Yzwt9ot\/ehVd4fMNAUg","iv":"6e4c5dec26deec004b07cb25cfaf831a","s":"8a9cadb1733ca1be"}
Share your thoughts. Click here