Chanel plans to increase its classic bags’ prices

Chanel is the famous brand name product.it’s including the clothes,glasses,bags,shoes and so on.Gucci and Chanel is most of the women’s favorite for the style and the luxury.
Even with the recent financial collapse in the market, fashion blog Nitrolicious is saying that Chanel plans to increase its classic bags’ prices by as much as 20% come November 1st of this year. No one from the fashion brand has yet to confirm this but Chanel shoppers at Bloomingdale’s have supposedly heard the same news.
Saving up for a Chanel handbag? You’re probably not going to like this one, because apparently, the brand is gearing for a price increase beginning August 1st. How much exactly? Sources say, the mark up would be about 20-22%!
Though this news is just a rumor and stores selling Chanel handbags are not yet confirming it (or even the House of Chanel itself), some baghags from Europe and other parts of the world have already seen their favorite bags’ price increase.
according to one Chanel-loving consumer, who has posted on Madison Avenue Spy, where this rumor comes from:
The prices for chanel bags in London Bond Street have went up by 22% for the classic caviar medium bag! I went into the store to purchase it and didnt as it was over £330 more than last month! So if the price hike hasn’t hit NYC yet…it will! So sad as cant justify spending even more on the bag! Gucci Wholesale wish I bought it in May when I intended do! arghhhh,Puma Shoes!
With the price increase, a basic Chanel bag the 227 (as pictured), may go up to about $4100, if this is really happening.