Chanel’s Rise & STALL: Defects, Difficulties & Deflection (formerly the 19 tote saga thread)

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#901
Just a hunch, but can you wear costume jewelry ear studs? Some ppl have an allergic reaction to them due to the metal used in them. Maybe there are some metal particles in the coating of the bag which give it the shiny appearance.

All of this is just a wild guess though. It’s ridiculous that they didn’t provide any information.
 
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#902
Kuschelnudde said:
Just a hunch, but can you wear costume jewelry ear studs? Some ppl have an allergic reaction to them due to the metal used in them. Maybe there are some metal particles in the coating of the bag which give it the shiny appearance.

All of this is just a wild guess though. It’s ridiculous that they didn’t provide any information.
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I can’t wear costume jewelry ear studs. Yup, I have nickel allergy and have to stick to certain brands with 18k gold, like Gucci. However that being said, my Chanel coco handle didn’t give me a reaction and I never had the case of hives with the coco handle chain.

They did asked me to provide a medical certificate in which my doctor can’t issue unless they provide the materials or chemicals used so that he can send me for patch testing with a specialist to confirm. So in the end , catch 22 .
 
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#905
redwings said:
Update :
They refunded. No information released.
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mzbaglady1 said:
Clearly from reading this thread and other social media platforms Chanel does gives refunds when the customer is persistent and a store credit is not an option.
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So basically they prefer to issue a full refund rather than disclose the exact materials due to a medical reaction. Sounds about right. :facepalm:
 
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#907
ntntgo said:
I’m assuming, possibly incorrectly, that you work in finance because you have a better than most understanding of financials. Not to mention access (limited or not) to UK financials.

Chanel, Mousse & definitely not Litor as my clients. I do have all 3 of the conglomerates. LVMH, Kering & Richemont. So I have to be careful trying to access the Chanel accounts. Hermes was awarded for their financial transparency so it doesn’t take much to get their annual reports.

To your point #3, you are entirely correct about sustainability. They have no transparency regarding sustainability, DE&I or an org chart, including share holders. Yes folks, there are 14 shareholders in the Chanel Ltd company and they are not all Wertheimers.

The reason they put out the 2018 annual report was because they were raising capital.

The $5 billion taken out of Chanel Ltd (yes it was strictly that company within the portfolio) was not used toward the recent purchases of green companies, healthcare (mainly Brightside Health) and their most recent, Evolved by Nature which they put $120 million into. The divestiture in Ulta was a decent sized one.
Here is a link to Crunchbase that will not require the subscription that my company has. But it will show you the huge amounts of money has been put into other companies.


The only reason I’m spending time in this thread is because I would love people to educate themselves on where their money is going and why quality subsides while prices increase.

This is the behavior of a VC that is preparing to sell off their most famous name in their portfolio.

I’d like to reiterate that these are facts, not conjecture or opinions as some have implied
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ntntgo said:
I’m assuming, possibly incorrectly, that you work in finance because you have a better than most understanding of financials. Not to mention access (limited or not) to UK financials.

Chanel, Mousse & definitely not Litor as my clients. I do have all 3 of the conglomerates. LVMH, Kering & Richemont. So I have to be careful trying to access the Chanel accounts. Hermes was awarded for their financial transparency so it doesn’t take much to get their annual reports.

To your point #3, you are entirely correct about sustainability. They have no transparency regarding sustainability, DE&I or an org chart, including share holders. Yes folks, there are 14 shareholders in the Chanel Ltd company and they are not all Wertheimers.

The reason they put out the 2018 annual report was because they were raising capital.

The $5 billion taken out of Chanel Ltd (yes it was strictly that company within the portfolio) was not used toward the recent purchases of green companies, healthcare (mainly Brightside Health) and their most recent, Evolved by Nature which they put $120 million into. The divestiture in Ulta was a decent sized one.
Here is a link to Crunchbase that will not require the subscription that my company has. But it will show you the huge amounts of money has been put into other companies.


The only reason I’m spending time in this thread is because I would love people to educate themselves on where their money is going and why quality subsides while prices increase.

This is the behavior of a VC that is preparing to sell off their most famous name in their portfolio.

I’d like to reiterate that these are facts, not conjecture or opinions as some have implied.
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How prophetic! I suppose the writing is on the wall with these financial statements, the behaviour of jacking up hefty prices to increase profits so that the company value be further increased for a good resale .

Fast forward 3.5 months down the road , we hear "rumours" on YouTube ( re super Dacob's video just two days ago) that Chanel's halted production n preparing to be sold?
Wat do u all think?
 
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#911
Kuschelnudde said:
To be honest, doesn’t he just criticize the heavy caviar finish? I mean we all know that the finish is excessive.

I was very surprised hearing that he praises the construction of the wallet.
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Yes because he loves natural texture of leather vs embossed! From what I understood, I think he believes any type of leather can be inside as long as you can hide it with top heavy coat. I would love to see a 22 on his account too!
 
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#913
The tanner.leatherstein video doesnt exactly tell us anything we didn’t already know so I’m not sure what the fuss is about. Seasonal Caviar is very shiny and has a uniform grain which can only come from a finish as seen in his video, there’s no need to cover incredible leather with such a heavy finish so of course they will use regular condition calf leather. The construction is flawless which we knew too, anyone paying £1000 for a wallet is clearly under no illusion they’re paying for the brand name.

The beautiful exclusive boutiques in the best locations in the world, vast multiple collections, the best positioned ads in the glossy magazines and well groomed SAs don’t come for free.
 
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#914
Chanel is not renowned as a haute maroquinerie (leather work specialist), but it is well known as a couturier. So…well…you can’t really expect much from Chanel for a leather bag. In the past, maybe. Not now.

So really, if your Chanel jacket falls apart in a year, then it is really newsflash. If your Chanel bag starts looking rough in a year, well …tough luck, what did you expect?

PurseCloset said:


Very insightful video on the deconstruction of a Chanel woc n it's review of materials used
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#915
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