How ‘pinkflation’ is sending women’s fashion prices soaring

In Switzerland, inflation is even making its way into women’s clothing stores — a phenomenon described as “pinkflation.”

For several months now, many European countries have been facing significant inflation. According to figures from Eurostat, the annual inflation rate in the eurozone rose to 8.6% in June 2022, up from 8.1% in May 2022. These price increases are linked in part to the war in Ukraine, but also to the Covid-19 pandemic and the climate crisis, especially with regard to food products. 

But according to a recent Swiss report, another kind of inflation has been identified by the independent online price comparison service Comparatis and the Zurich media NZZ am Sonntag, which applies specifically to women’s fashion. So after “shrinkflation” and “prices“heatflation,” here comes “pinkflation.” 

The study estimates that in the space of 20 years, the price of men’s clothing has

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Chanel Price Increase in Europe for August 2022

With the Euro hitting a two-decade low and making it nearly equal to the dollar, many tourists, Americans especially, have been greatly incentivized to shop for designer bags in Europe this summer between the price disparity and receiving the VAT refund. Last week the Euro fell below $1, and while this meant considerably price savings, it was clear that it would most likely mean one thing: price harmonizing.

How High Is the Increase for Europe?

Rumor has it that there will be a 10% price increase of Chanel bags across the board in Europe effective this week. Our forum members whose sales associates broke the news this week confirmed this information. chanel-price-increase.1015651/page-771#post-35279559″One member shared that her Chanel Sales Associate in Paris said this price increase would become effective Wednesday, August 10th.

The reason for this increase is the growing disparity of prices for a Chanel bag in the

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