Thanks for your advice, greatly appreciated!
I visited the Chanel boutique in Sydney yesterday. Although the handbag which I wanted was not available as yet, I did see a purple reissue made of jersey material. From afar, it looked alright, but when I looked at the bag more closely, I could see the surfaces of the bag 'pilling' i.e. formation of a furry texture due to the fine threads sticking out...the furry bits will probably form little fuzzballs in no time. It's such a sad thing to happen to such a lovely bag. This totally threw me off my decision about buying any Chanel jersey handbags. That reissue was put on display for perhaps one season at the very most. Goodness knows how the bag will look after a year or so! It's really not worth paying such an exorbitant price for a bag that will not hold up for even one season!