Buyers in South Korea are desperate to get their hands on the French brand’s purses in hopes of preempting future price increases.
Chanel Korea is limiting its customers to only one bag per person, per year, in a bid to curb the frenzied ‘open runs’ of shopaholics and resellers
Why Koreans are only allowed to buy one Chanel bag per year – new
Chanel and Hermès have been using the same system since earlier this year, limiting its clients to purchasing only two bags of the same styles per year.
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Should I invest in luxury fashion amid inflation? Interest rates
Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in 2023, are trading down when they’re shopping, and that includes in secondhand stores.
Resale value of Gucci, Chanel, Louis Vuitton handbags is falling
Is the new ONE PER YEAR buying limit placed on popular Chanel bags a good or bad thing? How will it affect re-sellers, and should you panic buy? Buy Pre-Love
Chanel ONE PER YEAR LIMIT on Purchasing Classic Flap + Coco Top
How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s.
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