Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship

Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725).

Apr 25, 2024 - 12:34
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Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725).

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