KING HANDBAGS

Chanel isn’t the only increased prices of brand

"A Chanel handbag prices have risen more than three months ago, nearly 20%, but even so, the classic Chanel 2.55 models are still out of stock." Enthusiastically took advantage of a discount from July to August quarter to go shopping in Singapore, Timor Jen but never at the house of Chanel bustling Orchard Road store empty-handed. Doing business in China, Thailand, the women entrepreneurs in the store 40 minutes outside the row over the long team, less than 10 minutes into the shop here, they face out of the shop with a disappointed look to.

Although each year in July, August is often the Singapore and Hong Kong to the discount fashion shopping season, but this summer has turned to major price increases for luxury brands to replace old promotions activities. Chanel‘s Shanghai office told this newspaper that the specific brand handbags in several classic styles more than last year on July 1, retail prices increased 7% -20% in the range, while the price of most other packages shall not float.

"Many favorite bag clothing not only did not participate in the summer promotion, but to varying degrees, up the price." Nevertheless, Wen Rende still in the "shopping" in mind to purchase a number of "loot," she said: "front-line big price increases are more frequent. if we do not buy, and perhaps more expensive to wait until the fall."

In fact, Chanel Bag is not the only brand prices. According to overseas edition of People’s Network, said in June Gucci on European sales of some commodity prices rose about 4% to 5%, while the Hermes price increases will follow. Many in the industry believe that the LV price increase in February this year, its sales of some products in Europe, most likely usher in another price increase this summer, although the brand products sold in China, not price increases.