Price increase in 2022

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My SA said that US price increase for items that haven’t had an increase recently will happen on 2/7. Curious if anyone knows what the increase will be like for fine jewelry and watches?
 
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I cannot follow your argument. For me Hermès does not have to increase their prices for BKC by 10% to be more exclusive than Chanel. Hermès will always be more exclusive just by having the bags hand-stitched which Chanel does not do (sewing machines operated by humans). Also no price increase does not mean that BKC are all of the sudden easier obtainable ;)

I think they would be ill-advised to follow Chanel’s strategy of insane price increases since this would signal that they are more interested in making money than providing high-quality products.
I fully agree. No matter how much Chanel increases it prices, it will never play in the same league as Hermès. Their goods are not all made in France, they are not hand stitched and their leathers are nice but not of the same quality as Hermès’s. I have a jumbo So Black chevron Chanel flap from 2015 (got it just before a price increase at the time) and although beautiful it simply can’t compete with my Hermes bags. Never bought a Chanel again since. And this is coming from someone who loves Chanel as a brand in general.
 
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