The Recession: Raising Prices

Since the recession hit most retail stores have been effected in some way or another. Whether doors closed, sale signs went up, or customers weren't shopping everyone was being hurt. One company, probably a favorite to every fashion lover is taking a different approach on staying afloat in this economy. Doors are staying open, but there is definitely no sale signs inside!

Chanel, beloved Chanel will be raising prices and not giving us a lot of time to scramble for our loose change* to try and cough up enough money to buy those classics! Starting February 1st prices will be raised. Some Chanel employees said from $50-$100 while other said that that classic Chanel jumbo bag everyone dies over will be jumping from $2,650 to $2,995! Now that's not just a jump. I'm calling it a skip, hop and a jump!

The bag is beyond beautiful and there is a waiting list at almost every store, some 100 people deep! How on Earth will we get ours before they decide to remark the price tag?! I don't think Chanel is at all worried about the mass demand they are about to create, it seems like they have the recession right where they want it-in their boutiques! It is definitely an interesting concept, but very sad news for girls like me, who have been drooling over the bag since I first spotted that quilted leather bundle of beauty!

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