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August 19, 2022

Double-digit price hikes have reached the fashion industry. Luxury handbag collector Alyssa Lenore, 31, purchased a Chanel classic flap bag in May 2020 for $5,800, which now costs nearly $10,000. Watch the video to learn what's driving the rise in prices of these luxury handbags, and how it will impact Chanel: youtu.be/Cgfp6gidhc0

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