to shop / chanel price increases

The luxury market has been exploding in recent years. Despite raising prices 1-2x an year, Louis Vuitton and Chanel has no trouble selling out of certain styles.

The timing was right when I got my Chanel classic medium flap bag in caviar black last summer. I was lucky because I didn’t have to pay retail :) (don’t ask how) and it was strategically planned before the hefty August price increase. I keep an eye on the Chanel price increases – not that I plan to purchase another Chanel bag in the near future – but I’m a numbers person.

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to shop / chanel

I recently made the biggest accessory purchase of my life. The ubiquitous Chanel quilted m/l in black caviar leather with silver hardware. I remember the first time I visited Hong Kong in 1991. My great-uncle bought me a k/o. Fast forward 19 years later… this purse was still on the top of my want list. There were rumors all over the blogosphere of an 30% price increase effective August 1. (And let’s not mention the % increase over the years, let alone the last 5.) I decided. It was only a matter of time — buy low.

And the rumors were true.

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