Because luxury goods have become even more expensive

2024-10-26 10:42:00

Not even 20 years have passed since a Chanel 11.12, the most important Chanel model, in the most important size (medium size) and in the most important color (black), cost around 1,800 euros. An Hermès Birkin cost around 5,000 euros, but even then there was a waiting list, so it was in another league. A Chloé Paddington bag, the trendy bag of the time, was available for 1,000 euros and anyone willing to spend that much money on a bag, in retrospect, would have been wise to shell out the extra 800 euros for Chanel.