Hermes and Chanel...New Year's Luxury Price Hike

In the new year, major luxury brands such as Hermes and Chanel have started to raise prices all at once.

Chanel raised the price of the "handle-decorated flap bag" by more than 3% each to 8.53 million won for the Kafskine leather standard mini and 11.17 million won for the large.

Earlier on the 3rd, Hermes also increased the price of major products by an average of 10%, and the "Berkin Bag 30 Size Togo Leather" product exceeded 20 million won.

At the end of November last year, Gucci raised the price of its "Matlase Super Mini Bag" by 17 percent from 1.89 million won to 2.22 million won.