Chanel To Raise Prices On All Of Their Handbags Starting February 1

On February 1, Chanel will jack up handbag prices by $50 to $100 on classic styles, according to the sales associates in the Soho boutique. A sales person in the Madison Avenue Chanel boutique confirm, saying "the classic jumbo caviar leather bag will go from $2,650 to $3,000 ." So if you've been putting off purchasing the classic bag, now will be the time to buy one.