Even the mighty house of Chanel isn't impervious to the credit crunch. It's known by now that its ambitious Mobile Art Container exhibition, which premiered in Hong Kong last year, was shelved after its New York engagement in December. However, the fashion empire's local office is keeping up appearances despite a bit of belt-tightening. The label unveiled its latest bottle from the elite collection of Les Exclusifs fragrances on Monday night. However, the event wasn't in a swanky hotel, ritzy restaurant or even their flagship Prince's Building shop. Instead, it was a private media event at its office on the 40th floor of Gloucester Tower (above The Landmark). 'Instead of using the basement of our Prince's Building shop, which can be difficult, now that we have both the 40th and 41st floor here, we have this room for media events,' Chanel's communications director, Lilian Lam, said. They might have saved on the cost of renting a pricey Central venue, but they didn't spare any expense turning the office space into a rustic French garden. 'Normally, it's a meeting room. You notice the patch of grass over there? It's real,' Lam said, before switching to elaborate on Les Exclusifs' line of 12 pricey scents. The newest is called Beige at HK$1,695 for a 200ml bottle. Remember, you can always be frugal but you can never be cheap.