Chanel to Increase Prices 20% in November
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Chanel continues to live by a kind of oblivious "no time like the present!" mantra, what with its recent Zaha Hadid installation and now the news of a 20% price increase on its classic handbags, set to take effect November 1. According to fashion blog nitro:licious, a Classic Caviar Jumbo Flap Bag (above) that currently retails for $2,850 will jump to $3,420 in a mere couple weeks.
Didn't think I'd ever say my handbag was performing better than my 401(k), but I think Chanel just said it for me.
Reader Comments (Page 1 of 5)
Adrien Oct 23rd 2008 2:58PM
Wow in this economy is going down and they're raising prices. Sounds good to me. (sarcasm)
Adrien
http://www.TheNakedHippie.com
Organic Tshirts
sandy Oct 23rd 2008 6:05PM
Do we care??
krista Oct 23rd 2008 5:59PM
Uhm, well maybe if you could afford it you would care.
Poor L'il Rich Kid Oct 23rd 2008 6:05PM
OMG, Chanel going up 20%? Whatever shall I do? Will daddykins give me a 20% boost from my trust funds? Oh, please, please, don't make me shop in those no-name stores like stupid regular people. OMG, I'll just die.
Sue Oct 23rd 2008 6:05PM
I hope Chanel isn't waiting for me to buy there very much overprided junk.
AbD Oct 23rd 2008 6:05PM
Ridiculous amount of money to spend on a handbag!! Define necessity when there's people starving to death in this world, not to mention hard-working people trying to survive in this economy. So basically who cares about Chanel?!
workin for nuttin Oct 23rd 2008 6:05PM
Absolutely disgusting!
JMC Oct 23rd 2008 6:05PM
Wow! 20 percent increase for something no one needs ? Stay tuned - will people wake up and boycott
Chanel - they should ! Why not buy it, use it one time, then return it ! Drive the nose-in-the-air retailers nuts ! Could have so much fun with this !
frabittz Oct 23rd 2008 6:04PM
OH,and I DOOooo feel so bad for the rich ladies who may be forced to scrimp a bit!
Tanya Oct 23rd 2008 6:04PM
I find this sooo disgusting on so many levels. I don't even like their bags, they look old and look like they smell dusty! I found that too many of my friends waste money on designer stuff and should spend more attention on looking fit and healthy. They want to get lipo to lose weight and Botox and micro-derm for wrinkles. I am for anything to look younger and thinner, but it is better to try to change your diet as well. I have had microderm and it is great, but eating healthy, drinking water and having vitamins, using sunblock and eating Flax are what is most important. Just by adding flax to my diet, my skin and nails look much better and I finally lost the weight I needed. Don't get me wrong you can eat Flax and then munch on everything you want, but it is an extremely valuable tool in the battle against being fat and old looking!
I strive to eat healthy and lead by example for my daughters. I eat flax every morning for health and weight loss reasons. I have the same breakfast now every day. I recently lost 30 pounds following the weight watchers program http://www.weightwatchers.com and I now just
am more watchful every day of what I eat. I have a banana low fat yogurt with golden roasted flax for breakfast every day. It is filling, keeps me regular and tastes fabulous (kinda like sesame seeds). My Weight Watchers leader recommended fitflax to me and it definitely helped the last 10 pounds to melt off. It is low carb and low cal. It is a flax and chia blend and I think I read about it in O mag. They also listed a code to get 15% off. The site is http://www.fitflax.com and the code for 15% off is FIT15
With a rockin body, good skin and a great attitidue you can get your handbag at OLD NAVY and it will look great
Lee Anne Oct 23rd 2008 6:01PM
Way to go, Tanya!
PriceTag Oct 23rd 2008 6:04PM
People who can really afford Chanel hand bags don't have to look at the price tag anyway.
If you have to look, you can't afford it.
chanel is life. Oct 23rd 2008 5:58PM
FINALLY someone who says something rational!
chanel's cousin Oct 23rd 2008 6:04PM
Our current economic times highlight the fact that some people live in a completely different universe than the working and middle classes.
$6,000 purses, $800 shoes -- the elite expect those symbols when they are amongst themselves. The average eye can't really see the difference.
DARRELL Oct 23rd 2008 6:03PM
TANYA
GET OVER YOURSELF AND YOUR FLAX DIET. THE COMMENTS WERE SUPPOSED TO BE A RESPONSE TO THE OVER PRICED BAGS. AND ALL YOU ARE SPOUTING IS FLAX OUT YOUR ASS
Joseph Guignon Oct 23rd 2008 6:02PM
Oh but honey, she just wanted that hand bag for a porta pottie when she ate all that flax meal and it went though her like an arrow!
Lisa Oct 23rd 2008 6:03PM
LOL Tanya!
Wiliam G Oct 23rd 2008 6:03PM
You are TOO crazy!!!!! LOL
Joe Oct 23rd 2008 6:03PM
WHO REALLY GIVES A CRAP ABOUT CHANEL OR THE PRICE OF THEIR HANDBAGS?? ACTUALLY NO ONE ON THE INTERNET!!
katherine Oct 23rd 2008 6:03PM
wow...what a shame