BREAKING NEWS: Chanel Are Planning MORE Price Rises THIS YEAR / 2023
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- เผยแพร่เมื่อ 27 พ.ค. 2023
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My take on the 2023 Chanel forcasted price rises! Let me know what you think of them!
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Sources:
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At this point its just ridiculous with these price increases. To be honest it doesn't even match the quality!
The prices are really crazy now imho, I mean, they seem to be rising quicker than Hermes! xx
@Sophie Shohet | Fashion Beauty Lifestyle totally true, pretty soon it'll be the price of a small car 😅
I totally agree with you ….the days of having a legacy product is long gone. Their newer stuff is totally tacky too.
@@BySamWithLove so true!
@@adgirl28 In some currencies it already is with tax
I wanted a Chanel bag 30 years ago and I did not buy it then, I sure wont be buying it now. The families of Chanel, LVMH, YSL and Prada are very wealthy, And you have people starving themselves, working multiple jobs, and not saving for their future so they can have a bag. Well, these bags don't hold your things any better than a bag that cost $800. The luxury brands are trying to lock wannabe rich people out of their markets. I dont have a desire to be a walking bill board for these brands. Thanks for sharing Sophie.
Buyers in the US have also mentioned there is a one bag per month purchase limit at Chanel. They clearly are trying to rival Hermès. If only they could focus on rivaling Hermès’ quality!
I am stunned at the greed of the Chanel bosses and I feel that they are unrealistic.
No bag costs $10K to make, not Chanel and not Hermes. The markup is huge, but you’re buying a status symbol and an aesthetic.
Another price increase and quality decrease. I wouldn't want to spend thousands of pounds on an original Chanel that has the same quality as a replica. Have a lovely week, Sophie 💖 I can't believe it's almost June!
Hello lovely! I really think vintage is the way to go at this point, you can get some gorgeous pieces for great prices 😍 Hugs to you my friend and I hope you have the nicest week ahead!xx
@@SophieShohetOfficial Agree, and the vintage ones are far better quality.
The preloved market has pretty much priced me out of the market just like Chanel boutiques have. If they are trying to be Hermes, I think I'll just go to Hermes.
But you can’t just go in and buy a bag.
At least an Hermès bag will last a lifetime.
I’ve started buying designer bags requiring some tlc, handle repair, deep clean, stain removal etc. I find it cheaper, relaxing, and once sorted they can still last a lifetime. Saves lots of money and provides you a deep understanding of the hard work behind the bag. I’m learning a lot about care & repair this way. Bit of a hobby. Great way to avoid horrific pricing and still enjoy your fave makes 👍
That's a lovely approach! 👌🏻
I waited 30 minutes to go into the nyc boutique in soho, they we’re short staffed and limiting customers inside. The person who helped me wasn’t very well versed on what I was looking for so I left.. waste of time. It wasn’t even full of people in the shop. Didn’t feel like a luxury experience
Hello lovely Daniel, ahhh that does not sound good 😔xx
Chanel bosses know that we are heading to the worst situation the world has ever encountered, a terrible crisis Ahead and they are pocketing a maximum of money before the crash.
Chanel will never be on the same page as Hermès. I said what I said. Wanting the same money is one thing but living up to the (quality) expectations is something else.
For the greater part I do not agree that you get more back than you pay for a Hermes bag. Most spend a substantial amount just to be considered on a wish list. Add that to the price of the bag and realistically you have not 'made' a cent in profit.
The cost to make a single Chanel classic flap is several hundred. The quality (or lack thereof) has been exposed among enthusiasts and the subsequent perception is now trickling down to non-enthusiasts. They are on the cusp of surpassing a fellow parisian brand (hint, it starts with H and ends with S) that holds a perception, value, and demand that at the very least warrants their price points. Chanel's brand strategists need to re-evaluate where they're trying to take the company because these price hikes are not sustainable,
Such good points!! Thank you for sharing xx😊🥰❤️
I laughed at several hundreds
The price of the new quality Chanel flap is actually not even 200$😀😀😀it’s gonna be lots of fakes…and many of them are as good quality as genuine
Another great video, thank you Sophie. I love the Tanner Leather guy, it makes you really see which bags are quality and which aren’t. As for Chanel, I have only been able to justify (in my head) buying preloved. Their prices are ridiculous!
Love these videos WAY Better than the constant purchases. It’s keeping me subscribed the variety ❤
Love ur new set up
Anyone who wanted a classic flap, already bought one a few years ago. I can't imagine paying 10k for a bag that is "classic" or maybe just old fashioned. 🤔
Hello lovely Heather! Yes, £10k is madness!!xx
Hi Sophie! I've been seeing a lot of chatter on social media lately about the quality problems with Chanel bags. How can they justify more price rises while lowering quality? It's rather insulting to us, the consumers.
Hello lovely Wendy! I hope you’re enjoying the weekend, we’re chilling in the garden right now while dinner cooks 😋🥰
You raise great points, for sure there are quality issues! Hugs xx
@@SophieShohetOfficial That sounds lovely! I'm glad the weather is cooperating for you. We're having friends over for dinner and we'll be able to sit outside, armed with mosquito repellant!
@@wendycoles-littlepage1919 Yes we’ve had a week of seasonably good weather so far, long may it last! Enjoy your dinner!cx
I could not stop looking at all of the Chanel bags behind you wow! I love every one of them. Love your taste and style Sophie! 😍❤️
Hello Sara!! Ahhh, you’re so sweet! Thank you, I appreciate you noticing my new background. I thought I’d change things up a bit! 😋 Hugs xx
Keep 'em coming Sophie! xxx
Hi, Sophie! Hope you, David and the bunnies are doing great. I think Chanel is catering to the uber rich and it will make little diffence to the brand if people who aspire to buy a classic flap can't afford it anymore. They want a certain tier of customer for whom price is no object. If the ultra wealthy start to actually care about quality and not only branding, then Chanel will be in trouble. Btw, Tanner Leatherstein is AMAZING. I love him.
Hello lovely Cristina! Thank you for the love!❤️🥰 We’re all good, relaxing this evening while making dinner 😋 I hope you’re having a great weekend!
I think you’re 100% right with all of the points you’ve made, and yes, all it takes is for the Uber rich to slow down and there could be problems! Xx
@@SophieShohetOfficial Dear Sophie, Margot and Brigitte, our 2 mutts and loves of our lives, send you, David and the bunnies much, much love.
@@cristinalabarrere2800 Ahhh! Thank you! Big hugs to all of you!❤️🥰xx
Exactly. I don’t think the uber rich are dummies. They might do some fun purchases, but at the end of the day they appreciate quality too. I guess time will tell.
@@patriciaquintela899 From what I hear, the nouveau riche, particularly in Asia are the largest consumers of luxury logo heavy products. Jamie Chua from Singapore is a self made socialite with an incredible birkin-kelly collection. They still would check the bag with rulers to make sure quality is there. I'm not a fan of Hermes bags, but there's no denying the quality is incredible. Chanel is clinging to their traditional gaudy faux pearls and tweed suits, not sure how long the 50-80 yr old something main clientele base will still want them.
Great points ❤😊!
I dont think when people get their Hermes bag, they will scrutinize it for any defect like they would with Chanel bags. Lux consumers know with Hermes you get exclusivity and quality. With Chanel though lol not on the quality these days
I can afford to buy a new Chanel bag, but I agree, there’s no way the bag is actually worth $10,000. I’ll never spend that kind of money on a Chanel bag, especially due to the drop in quality. How long can the prices go up, while the quality goes down? Isn’t there a disconnect with the decision makers? Can’t they see they’re headed for a serious problem? 🤷🏼♀️
You raise a great point here!!xx
I 100% agree with you, Chanel will never be Hermes. The prices keep rising and the quality is going down. Plus, they aren’t handmade even though they try to lead you to believe they are. It has completely turned me off from Chanel. I haven’t bought anything from them since 2019 and I have no plans to ever buy anything from them. I’ve been to Paris twice and haven’t walked into a Chanel boutique. Hermes is on a completely different level. Love your videos!
Excellent video Sophie. I love buying preloved and vintage.
Me too!!xx
Sophie, first, love your videos and thanks for raising this issue. Here's my take... The Wertheimer brothers, owners of Chanel, are both in their 70s, with a combined net worth of $96 billion. They have spent their entire lives not just being rich, but more importantly, being wealthy -- meaning being focused on increasing their net worth and creating long-lasting financial legacy. In other words, they are focused on making money. In order to make more money, they have to keep increasing their prices on their products, irregardless of the quality or quantity of the products. From the brothers' perspective no matter how much the public continues to complain about the quality or quantity of their products, they continue to buy them. So, why shouldn't they continue to increase the prices? The only way they are going to get the message is when the influx of money starts to decrease to such a level that they feel the impact. But when you've got a combined worth of $96 billion, it's going to take a sustain period of pressure and negative backlash from the public regarding the pricing or people will have to refuse to buy their products.
Hello my friend and thank you so much for the love and for watching 🙏🙏🙏🥰 Thank you for taking the time to write this, it’s very interesting and I’m glad to learn about this!!xx
I picked up the Chanel classic card holder for around $500s USD, these are still decently priced. But bags buying preloved!
Lovely Chanel collection! Thank you for sharing your thoughts. I also think it’s better not to sell right now. I bought nice ones preloved and most of them are great. The main problem I encountered with preloved is cigarette or perfume smell, hug. I returned but lost $.
I absolutely love tanner! I’m coming around to the idea of investing in a quality handmade artisan leather bag rather than “a brand”. There are some more affordable value for money brands he recommends (I think polene was one)
Hi sophie, hope your having a lovely Sunday x
And you Rebecca!! We’ve been in the garden all day, it’s such lovely weather 😎 You enjoy the long weekend!xx
I am 3hrs late, (got taken out for dinner) but better late than never😊
Thanks for another enlightening video! Quick question, any thoughts on brands Mulberry and Strathberry? Thank you!
Love the new set up! There is always a strategy with price increases. They will reach Hermes eventually that's their goal.
Just pure greed on the Chanel side. Glad I'm not into their bags, saves me lots of stress I guess.
I stopped buying a few years back due to quality issues. I regretfully sold a lot of my collection (too cheap in hindsight) but I did keep my 06 single flap jumbo. The double flap is retailing in Australia for an eye watering $18,000 last I heard! Insane.
Hi Sophie, just to say hi and have a great week start ❤
You’re so lovely Barbara! You have the nicest week too my friend!xx
The cost of living in the states has risen dramatically especially in cities like mine in Nashville.
Hi Sophie, Hope you and David have a wonderful Sunday❣️ Love 💕 from California!
Hello lovely Mindy! I feel like I haven’t spoken to you here in the longest time, I hope you’re well!! Thank you so much for the love, we’re relaxing in the garden tonight while the dinner cooks 🥰 Hugs to you xx
@@SophieShohetOfficial I have been planning a trip to visit my sister and her family whom moved to London 2 years ago😊 Always love to see your new upload and your positive pleasant energy❣️. Take care💕💕
@@mindymurata730 You should definitely take a trip soon, London is great!! Big hugs to you xx🥰❤️💐
Hi Sophie, your videos are always enjoyable and informative! Thank you! How much are other brands have increased their prices since the pandemic? Could be worth comparing with Chanel
Hi Sophie , just watched your video about the luxury bag prices . I think if the whole luxury bag industry , could end in a crash with this industry . But it is my thought , at the moment especially if people are to go to the pre-loved end of the industry . All the Best Simon x
I’m definitely into pre loved and the original Chanel bags are so much better quality including hardware. I remember going to Paris with my friend buying a Chanel bag classic flap! Her bag has tripled in price it’s just crazy. You have some beautiful ones and I love your championing vintage! 💖💗
I think it’s different depending on whether you have a chanel bag or not. If you don’t have a classic flap and you really want it people will get it. If one has the bag already of course it won’t be worth it to them after all the price increase. It’s also hard to say to people “get it preloved” if they haven’t had one at the store.
I have chanel from the boutique and preloved but my feelings towards the bags/brand is so different before and after.
I've just realized that we share the same birthday date 🥰
Chanel is insane. With every price rise I say the same thing.... it's ridiculous!!! And it makes me even more determined to keep everything I have. I would be an idiot if I sell anything.
Hi Sophie! I enjoy your videos and take on the luxury world. Your voice is so soothing- you need to do voice overs for meditation apps! Lol! Xoxo
Hello my friend! Ahh you’re so sweet, thank you for the love!!🙏❤️😊🥰xx
Interesting commentary Sophie. We all arrive at our buying decisions from a variety of reasons, but then there are also trends. As we head into inflation AND recession, is it generally a good time to buy expensive items? For most of us, the answer is “no.” If you can get the expensive item at a good price and you have financial security? The answer may be “yes.” Should we sell when others are selling due to financial distress? If we don’t need to sell, we should “hold.” More inventory means lower prices. So the general advisory at this time is that it is a buyers market.
I went to the chanel and hermes store, I tried their belts. With hermes, it's a lot more sturdy and you can feel the good quality, BUT, chanel's belt do look more fun and all that, but it's so light and felt so plasticky. Like I am sorry but, if you are charging for so much at least give us more quality...
Pre loved is getting crazy high as well. Can I know where you are looking? Because resellers are pricing close to boutique prices
One thing you need to remember is how retail works as a business. When you generate £100 in revenue for the store, the cost of goods sold for that product is typically £40, leaving the store with a gross margin of 60%. This 60% covers the rest of the cost structure, incl. labor, rent, utilities, marketing, organization/management etc. Typical to see bottom-line leave 6-8% for net profit margin, recently we've seen more variance with this number (towards the upside, as pricing power has been surprisingly strong for retail). EDIT: Just to emphasize, Chanel is not standard retail product. But I know perfumery works based on these margins, even on the upper end of niche with brands like Amouage.
I do agree about changing cost structures, however, I believe Chanel has actively chosen to go this route simply out of greed. There are plenty of other (luxury) retailers facing the same structural increases and they relay some of these on to the client but they don’t jack up the prices by 60%. What makes Chanel’s move even more outrageous is the compromise in quality which indicates that their production cost most likely went down.
Wonders if there’s still a program to pay if a specific brand of a handbag is on display🤔 i notice no bag usually there
I totally agree with you, Chanel's bag sales here in Europe and America will drop with these obscene prices, and I think eventually we won't consider Chanel to be as desirable as they were. It's sad to watch a couture house going down like this.
However, the Asian/Chinese market is a different affair, because of the cultural differences. Whilst the Chinese are in general very savvy with their money, when it comes to status symbols, that can go out the window.
I work in vintage and second hand shops in London, one of our stores is on Neal Street, and we have grown a reputation for vintage Burberry trenches. Our best customer are Asian students, and whilst we usually have Aquascutum and other brand trenches, they only consider Burberry.
The number of times an Asian customer has asked for a student discount (which we don't do) to then drop hundreds of pounds on vintage Burberry trenches or Harris tweeds, it's mind boggling. And our boss always says that Aquascutum trenches are better made, although not as pricey.
So I think Chanel bags will keep selling like cakes in China, at least for a few years.
Sophie, would you ever go on one of those super car roadtrips that are featured on channels like Mr JWW and Schmee?
As long as Hermes keep on playing their quota-bag game, sady I think Chanel can continue their price increases. When you are fed up by waiting for that Birkin you go to Chanel instead. :(
Not that I have money to buy any of these , but I love your informative videos, thank you😎
definitely wont be purchasing a chanel classic flap at £8000+ ^^" let alone more these days! as much as i love chanel and their story, history and the pure prettiness of them, i do agree with you that preloved seems to be more of the option to choose now! great video Sophie! and LOOOOVE your vintage chanel bags :D theyre so pretty!! xx
Crazy prices! I have no issue with Chanel raising their prices because they are a luxury business after all, but it is a bit of a joke if their quality isn’t great! 😳
I unfortunately, too, think these ridiculous price increases are just going to drive up sales for replica handbags :/
Hi Sophie!!! 3hrs late but Kenny said let's go out for dinner!!! Having been diet coked and dined (doesn't sound as good as wined and dined, but I'm teetotal) lol, I'm here to watch. Chanel is already waay to expensive for what it is. Hugs xx
Great point Sophie.. its costs a fraction of what they charge to make a Chanel bag. I could never justify it even in 2019, let alone now even if it was a option.
I have my quiet luxury bags and I'm happy with those. 😊
Inflation is only going to increase, and here's a monetary lesson for anyone interested; the US dollar has only 2% purchasing power left at this point so be wise where you spend. ❤
Hello lovely Lori! Yes I know what you mean, these new prices are crazy but they don’t appear to be slowing down at all!! 🤯 Surly there will come a day when it starts to impact growth negatively 🤔
Xx
@@SophieShohetOfficial I'll appreciate them on other women! Lol
Ok I would consider pre loved! 😂😂
What does the 2% mean?
@@xoxjelloxox It means that out of the 100% of purchasing power that the US Dollar held when it was created, 2% remains. For example, a brand new house in 1976 (year I was born) used to cost $43,000, Gas was $.59, avg rent was $220.00, Federal min wage was $2.30.
A classic flap is already 15k in Australia 😂
Good one!!❤️❤️
Thank you always Andrew!!x🙏🥰
I don't think it is limited to Chanel but I feel like the price increases are touching most luxury brands and not worth it!
I am glad that I have no desire for Chanel bags. There are so many good brands of excellent design and quality that cost a lot less.
The Chanel market has already dipped I think, at least in the UK. I was speaking to my SA the other day who told me sales were down thanks to the price increases, not to mention a massive dip in the UK market thanks to the fact that there is no more VAT refund for tourists, prompting them to go to Europe instead.
I purchased my one and only Chanel last October and I knew it was ridiculous then
The only way this makes sense if they are planning to sell Chanel and want to prove as much value as possible, or milk it for as much as they can before selling. This isn't a long-term healthy strategy. I think they are focusing on the short term.
Could you do a video on dior? I see prices if the lady dior steadily increasing while their quality is way better right now compared to chanel. Do you see dior house being the next Hermes?
I'm saying this as a Chanel lover (but definitely not a buyer now) but how did we get such a crazy place ... £10k for a CF! ! 😮
What’s your thoughts on the love luxury store? Have you seen/heard of them? Would you prefer buying from a preloved store like them or online?
تبارك الله عليك 😊🎉😊❤❤❤❤❤
Thank you for the love my friend!🙏🥰xx
They make the classic bags super expensive and then people go buy their cheaper bags which even look cheap.
Hello Sophie and happy Sunday to your family (bunnies included 🌞) !
I agree with the points you've made, even for the ultra wealthy.
Side note: why don't you place ads in your shorter videos? Your content is valuable, you should monetise it a little bit more 😉🌸
Hello lovely Karina! Thank you so much for watching 😊🙏🥰 I really appreciate your kind comments and the love! 🙏xx
@@SophieShohetOfficial it's the truth, your videos are always interesting and/or relaxing 🌞🌸💞
@@KarinaSwan I so appreciate the love!! 🙏🥰xx
Chanel try’s to get rid of the mainstream customers, the ,, I Safe up for this bag ,, client. They want Chanel to go back to niche and aristocratic super rich status. Prestige and overexposure play a huge role in marketing strategies. Pushing the price for a bag to 10.000 means also limiting the exposure. Wich keeps Chanel as a brand valuable. Basically it’s better to sell 1 bag to a ultra rich woman then 3 bags to a middle class woman.
Hey @sophieshohet I have a chanel classic flap in lambskin that i brought a few years back before the prices increases… I really want to swap for one in calfskin (more durable) … Do you think its worth selling my current one and Re- purchasing with these crazy prices or just stick with my lambskin one ? Thanks xx
I love Chanel always have, but the price is obscene and who can justify the cost?
I bought a couple classic Chanel pieces few years ago and I'm glad I did because with the price increases these days, I can't justify spending my money on Chanel bags with possible quality issues. Luckily the items I bought back then don't have quality issues. I recently branched out to other brands such as Dior and Fendi. The quality of their bags are way better than Chanel. The craftmanship and the customer service I received are superb. I know it depends on the location and store, but my recent experience with Dior and Fendi customer service convinced me to be a returning customer. I have never experienced excellent customer service at Chanel...it felt more like they were getting their jobs done to get my credit card swiped. And Hermes...forget it. I end up getting frustrated every time I walk in because I'm either ignored or get assisted by an SA who looks like she is waiting to get off her shift. For the price people pay for Chanel bags....it's really just the logo/branding. The quality, craftmanship, and customer service doesn't match up with the price for sure. I love Chanel, but I don't feel my heart flutter like I used to when I walk into a Chanel store.
This isn't breaking news; this is business as usual now.
That’s true!!xx
I lost interest in Chanel two years ago when I saw the quality drop. My next Chanel bag will be vintage, but not if resale continues to price gouge. I just purchased a Midi Mayfair that Ive been eyeing for a couple of years but wasn’t sure about. Shipping to the US was fast, the bag is beautiful and the craftsmanship is far superior to Chanel. I’m happy to leave Chanel for the people looking for a status bag instead of a quality bag.
I wanted to add another perspective for the example you provided regarding Chanel’s growth vs. LVMH. For Chanel to have almost the same amount of growth as a conglomerate, I think that’s huge. Thank you for your video!
I agree with you, but I prefer the look of Chanel's handbags vs Hermes.
I want a chart where is the chart. Please give me a link to the jumbo flap prices and dates. 😢
Is you buy a 2010 Chanel bag secondhand from xupes, sellier or vestaire but without the authenticity card but it comes with the bag a dust. Would it affect its resale value?
Thoughts on Loewe?😊
Yes I am done. I will just enjoy the bags I own for now. There are so many other things I would rather spend my money on.
They usually have a price increase in feb, in july and then again in november.
Oh gosh!!!!xx
Hello, new video just when I needed it. From the title I say Chanel is no longer an investment bag imo.
Hello lovely Sara!!xx
I have waited years to be able to afford the classic flap...now that I can I don't want it. 10k is a car, and when you feel these bags they don't even feel high quality. I bought the mini square one for 5k a few years ago and I guess that will be it for me for Chanel. Its really sad because its a nice bag and I WOULD want it but I just can't justify it in any way anymore. Even 5k for that mini when I feel the quality seems crazy. My YSL are a fraction and the quality seems way better
I think Chanel is intentionally raising the prices at an extortionate rate in an attempt to dilute the market. There are so many classic flaps in circulation and they appear all over social media so perhaps they don't seem as "special" as they used to be. It could be a bit of a long con ~ if there are fewer classic flaps out there for the next, say, 5-10 years, that leaves room for a resurgence. Regardless, I think this strategy might be giving Chanel the exact result they are seeking...if the bags don't sell, there are fewer in existence and if they do, the profit margin is ridiculous. And let's not forget, every price increase dominates the discussions across social media. If nothing else, it keeps Chanel's name in our mouths.
On a side note, I feel like Louis Vuitton might be doing the same thing with their monogram.
If I choose between today chanel quality and chanel, I will defo choose chanel! And chanel stoped apploying 24k golf long time ago that’s why all their hardware faded.
Ridiculous considering the quality issues. But there will always be fools with too much money buying them. Cost of labour??!! Don't make me laugh ? Are they paying their labourers more ???? Cost of material ? The quality is going down so how does THAT make sense?
Those bags are NOT worth that amount of money.
Exactly. They are sourcing inferior material increasing profit (greed), producing more cheaply increasing profit (greed) which result in the lack of the previous quality… yet have the nerve to ridiculously increase the price to the consumer. Why take inflationary 10-15% when you can make 80% along the way? Outrageous!
So, a Chanel medium classic flap would cost me around $13,000CAD, I could easily get a pre-loved Birkin, Kelly or Constance for $13,000CAD. That's also the low end of the boutique prices for a Birkin or Kelly for people who can get one new. Once Chanel is more expensive than Hermès, people $13,000 for a bag will probably choose Hermès over Chanel, at least new. The people they're catering to with the manufactured exclusivity will absolutely just go to Hermès instead as the prices get to high, cause they can afford it and they'd rather get more for their money. Chanel is doing this all wrong for longterm growth and profits...
Can you please show us your Chanel handbag collection behind you?
I love that guy!!!!
Just walking past the Chanel boutiques here in Berlin the past week, I saw so many of their bags on display that were lopsided?
Like what is going on? Ridiculous price increases, and faulty products on display that are supposed to convince you to buy them? Flabbergasting to me!
Yes I’ve noticed this! Flaps on bags that aren’t straight 🤯xx
Hi Alexander, unrelated to this topic, just out of curiosity, CNBC reported that Germany is currently in recession due to fluctuations in energy prices- is it true? Have you seen any effects? I just want to be prepared, because we may very well follow.. best wishes, Amy
@@Amy-601 Hey Amy! :) Most definitely yes! So many layoffs around me, even friends of mine have to deal with it, no matter the size of the company. The cost of living has been going up tremendously, so it‘s pretty bad right now. So I'd say: definitely prepare for a recession 😅 Best, Alex ✨
@@alexanderbihn omg 😳. Thank you Alex for the honest details. Yes I will prepare myself for the worst, but hope and pray 🙏 for the best. You stay safe and good luck 🍀 and best wishes to you and your family. Sincerely, Amy
I saw Jessie Styles (a great video btw) talk about this earlier and she mentioned it’s 16,000AUD, I wonder when it will be 16,000 USD, EUR or even 16,000 GBP. Do you think that will happen?
But they’ve outpaced Hermes prices for some bags haven’t they? I’d understand it if the quality was increasing, but it’s not.
I still think the filthy rich have quality standards too. So at a certain point they will outprice those customers. Also they already have their basic classic flap.
Also theyre not paying their labor more since I’ve heard rumors that they are no longer giving their SAs commission on the bags anymore.
The minute I found out Chanel’s quality was trash a few years ago, I removed their bags from my wishlist! The quality is similar to replicas. I’d rather buy from brands such as aspinal of London, Dior etc
It's ridiculous. They rise the prices and most people buy good dupes for a fraction of the price. Ok. Well done. We can't be kind to people who earn money explorating more and more by rising the prices of their products without a reason. It's my opinion. They are joking on our face
That business affinity behind you is the one I would ponder to buy…BEFORE the high rises. It’s gorgeous and with a practical vibe, the type that you can take everywhere without appearing overdressed.
I respect your opinion as always @Sophie Shohet 😊 but… IMHO, some bags are worth getting preloved others are better at the boutique. I am not talking about seasonal bags here, I am talking about the ones that retain value the most, examples are: some CFs coveted colors and specific seasons specially in small or medium sizes, almost ALL minis even more if they are in leather and sometimes in specific colors, and a few caviar seasonal pieces to name a few. If you go look for them in the second market, they are over the retail price even after discounted 😢 Also, minis and some coveted color pieces are getting harder to get as the quantities are being more limited now in the boutiques. Btw, your caviar top handle mini is one of the most coveted bags now, all top handle minis in caviar are now going for a lot more in the resale market.😊 I am in the USA and I don’t shop ever at VCollective so maybe that’s why I don’t see the good prices? 😂
I think their prices increases are a joke, they are not Hermes. I have bought this year a preloved red single flap jumbo for £4000, in pristine condition. Also the increase in the cost of shoes is crazy