faux saint laurent bagfaux saint laurent bagPARIS - Prices of Chanel handbags, including the fashion house's signature "flap" bags, could rise again in September, a top executive said. Chanel typically reviews handbag prices twice a year, in March and September. In March, the company applied an average 8 per cent price increase on bags worldwide, chief financial officer Philippe Blondiaux said in an interview on Thursday. A classic medium-sized flap bag currently costs €9,700 (S$14,000) in France, or about €1,900 more than 18 months ago. Chanel plans to follow its policy of applying price increases in line with input-cost inflation, while also looking at currency volatility. Hermes usually reviews its prices annually, at the start of the year. The Kelly bag maker increased product prices on average by 7 per cent in January. BLOOMBERG faux saint laurent bag
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