Chanel hiked up its prices twice during the pandemic. First, it tacked an increase of between 5 and 17 percent on certain bags in May 2020, citing a rise
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The rising cost of a Hermès Birkin has less to do with inflation and more to do with branding (and Covid-19) than you might think – here’s why luxury brands are boldly charging more than ever
The real reason Louis Vuitton and Chanel are raising their prices? Brands aren't just weathering the pandemic – luxury goods only get more desirable when they're less accessible