After reading this, I checked in with my store manager who reluctantly confirmed. They got informed today (not sure I believe this) and were caught off guard. The increase will mainly affect the Classics and RTW. I asked if it was 17% across all categories and was told they could not confirm in writing as this was still confidential. They said seasonals‘ prices would likely not increase immediately, but I expect new seasonal models to come with a higher price tag. I am shocked. I was already hesitant to buy new after purchasing my first Chanel moons ago when prices were still moderate. However, this is a business practice I no longer tolerate, especially during these times and Chanel loudly announcing they would not need financial help but weeks later trying to recoup money from already suffering customers. I have shared my sentiment with the local management and hope others do, too.