South Korean shoppers line up before dawn ahead of expected Chanel price hike


People queue to enter a Chanel boutique in Seoul on May 13, 2020. - Reuters

SEOUL (Reuters): More than a hundred shoppers waited in line to enter a store of French luxury brand Chanel in Seoul on Wednesday (May 13), as they rushed to buy products in the hope of beating price increases expected to kick in later in the week.

Chanel public relations in Seoul said its headquarters in France raised prices on Monday, and that prices will increase in all of its markets.

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