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When Handbag Prices Send Luxury Buyers Walking

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Good morning. Luxury handbag prices have gotten so high that shoppers are turning to high-status shoes instead, Chavie Lieber reports for The Wall Street Journal. A medium Chanel flap bag that cost $5,800 in 2019 now goes for $11,700, for example, steering some would-be buyers toward comparatively affordable but still-coveted…

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