![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](https://cache.luxurydaily.com/wp-content/uploads/2022/04/jing-daily-042822.jpeg)
The resale market is booming. Why is luxury not taking note?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments![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](https://cache.luxurydaily.com/wp-content/uploads/2022/04/jing-daily-042822.jpeg)
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","iv":"539ab01b740dd4bd6af56bedebdf245f","s":"f9754728817db639"}