Chanel is hiking prices of select handbags, including its classic 2.55 (above), by up to 25 per cent. Photo: Shutterstock
Divia Harilela
Opinion

Opinion

Divia Harilela

With Chanel raising bag prices by up to 25 per cent, it is time for customers to demand a fairer system

Instead of discounting, some brands have announced they are about to increase prices. The move is not uncommon in the world of luxury retail, but, in times of global crisis, it comes across as tone deaf

Chanel is hiking prices of select handbags, including its classic 2.55 (above), by up to 25 per cent. Photo: Shutterstock
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