×
114
Fashion Jobs
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
BROADCAST THE COMPANY
Business Developement
Internship · MUMBAI
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa on Trend p&m, Jamshedpur - 40 Hours - Full Time, Permanent
Permanent · Jamshedpur
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Thrissur Nykaaontrend
Permanent · Thrissur
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Mangalore - Nykaa on Trend Forum Fiza Mall
Permanent · Mangalore
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa Ontrend Pmc, Bareilly - 40 Hours - Full Time, Permanent
Permanent · Bareilly
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Chennai - Nykaa on Trend Vijaya Mall
Permanent · Chennai
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa Ontrend Mbd, Jalandhar - 40 Hours - Full Time, Permanent
Permanent · Jalandhar
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
By
Reuters API
Published
May 13, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chanel says increasing prices on handbags, small leather goods

By
Reuters API
Published
May 13, 2020

French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a rise in the cost of raw materials amid the coronavirus pandemic.


One of the bag models that will be affected by the price rise



In an emailed statement responding to a Reuters query, Chanel said the price increases in euros ranged between 5% and 17%.

"The price adjustments only regard Chanel's iconic handbags, 11.12 and 2.55, as well as Boy, Gabrielle, Chanel 19 bags and certain small leather goods," it said.

"These adjustments are made while ensuring that we avoid excessive price differentials between countries, in line with our commitments regarding price harmonization."

South Korean shoppers line up ahead of price rise



More than a hundred shoppers waited in line to enter a store of French luxury brand Chanel in Seoul on Wednesday, as they rushed to buy products in the hope of beating the price increases expected to kick in later in the week.

This came even after more than 100 new COVID-19 cases linked to nightclubs in Seoul have brought fears of a second wave of infections in a country held up as a coronavirus mitigation success story.

With some arriving as early as 5 a.m., the shoppers wearing face masks snaked around the Lotte Department Store in downtown Seoul ahead of the opening at 10:30 a.m., while store workers issued numbered tickets online to keep order.

Lee Ji-yeon, 54, said she arrived at the store about 7:30 am and that her future son-in-law is waiting at another department store to buy a Chanel bag for her daughter as a wedding present. There are several months ahead of the wedding, which has been pushed back from November to March because of the virus.

"We've been to the Chanel store several times before and agonising whether to buy it or not. But since the prices are going to increase, we decided to buy it now," Lee said.

Many South Koreans gift luxury bags for weddings. Also in line was a man who said he would buy a Chanel bag for his girlfriend as a present for a wedding, which has been pushed back from April to late this year because of the virus.

"I wanted to buy before price rises. It is burdensome to buy it during the economic downturn, but I would not be able to buy it later because prices would rise every year," he said, asking not to be identified.

Chanel public relations in Seoul said its headquarters in France raised prices on Monday, and that prices will increase in all of its markets.

© Thomson Reuters 2021 All rights reserved.