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Biz & Money

Chanel's Rai$ing Handbag Prices

Chanel's Rai$ing Handbag Prices

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If you had your eye on a Chanel handbag, buy it now because prices are about to go up!
Experts say the French fashion house has plans to increase their pricing on classic style handbags as much as 20%. The Chanel gurus blame the rising demand and the difficult manufacturing process for the price hike.
Kind of a bad time to be raising prices, especially when the luxury market is slowly showing some improvements.
Thoughts???
[Image via Getty Images.]

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Jul 20, 2010 17:00pm PDT

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