Handbags at dawn: Chanel duels South Korean resellers in luxury boom – Reuters.com
Handbags at dawn: Chanel duels South Korean resellers in luxury boom – Reuters.com
As COVID curbs cut travel and duty-free shopping, South Koreans are driving a luxury goods boom at home that has left Chanel barring nearly a third of would-be shoppers to stop bulk buyers snagging $10,000 bags for resale with markups of 20% or more.