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Increasing price leads demand decrease? NO!

European Chanel experts tell us that prices of Classic style bags, which includes the Reissue, just went up 20% and now similar price hikes are anticipated state-wide. One sales associate theorized that rising demand and manufacturing difficulties are the cause for the rapid price increase.
Eventhough there’s a rapid increase in price, the sales, however, still goes up. The reality behind is that peple are not buying the product anymore, they are buying what they are. In 2008, a 227 Reissue was $2850. Today the same bag costs $3600 and could jump to $4100 if current indications are correct. People who afford to buy these bags would think they are much more different from the people who cannot afford to buy.

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