Gucci, Dior, Chanel, Louis Vuitton and Hermès are likely to be the beneficiaries of a surge in the price of luxury goods, as wealthy consumers flock to the brands they know best
Chanel Raises China Prices in September as Luxury Demand Slows
News circled on Chinese social media that the French luxury brand will increase prices again by 10 percent this July.
Chanel Price Hike Speculation Causes Online Frenzy in China – WWD
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45 billion from the value of the world’s biggest drinks and luxury groups.
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
/cloudfront-us-east-2.images.arcpublishing.com/reuters/OUW5NEERKZLE5BXTMCRM45N6PM.jpg)
Why China could become the luxury industry's next sore spot
Prices of Chanel handbags, including the fashion house’s signature “flap” bags, could rise again in September, a top executive said.
Chanel's $10,000 Handbags May Become Even Pricier in September
WWD reports the long queues outside Chanel stores in China after our reports of the price increases from 14% - 27% hitting the EU.
Queues in China After Reports of Chanel Price Increases - PurseBop
Chanel increases prices in China as concerns about luxury demand mount
US holiday sales growth to slow as inflation pinches wallets
Chanel is jacking up prices once again even though some customers could be priced out of the company's products.
Luxury brands raise prices aggressively to stay luxury
Enchantment of the Seas 7-night Western Mediterranean Cruise
Rolex Shortage 2022 Due To Underproduction Or Excessive Demand?
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
One way to ride the surge in China’s wealth is to invest in stocks of luxury brands, say analysts. Here are some of their top picks.
Luxury Stocks to Ride the Wealth Boom in China