I quit Chanel several years ago when they made that press release stating they going to begin pricing their merchandise to a target customer with a
minimum 8 figure gross income. That's right 10 million and higher. Sorry Chanel but I refuse to contribute to that elitist bottom line. Sold all my Chanel and haven't looked back.
As for Hermès, they've always been the crown jewel of the luxury goods market so as much as I dislike the price points they offer, as a whole I still consider the majority of their products worth the price. Unfortunately my shrinking income prohibits my frequenting the boutiques any longer.