“Hermès and now Chanel, even you?”… Prices of luxury brands continue to rise.

“Chanel Raises Prices on Bags and Some Products in Korea Today (13th)

On this day, Chanel Korea increased the price of the classic Maxi handbag by 7.5%, from 18.92 million won to 20.33 million won.

The price of the Classic 11.12 bag has been raised by 7.4%, from 16.66 million won to 17.90 million won.

The Boy Chanel small flap bag has surpassed 10 million won, increasing by 7.5% from 9.86 million won to 10.60 million won.

Price increases in the luxury industry have long become an annual event.

Chanel also raised the prices of some of its products sold in Korea last January and June.

Previously, Swiss watchmaker Rolex increased its product prices as of the 1st of the month, and Hermès followed suit in Korea on the 5th.”