Lo and behold, it’s time for another price increase. Surprisingly, we’re not talking about Chanel. This time round, it’s Fendi.
Fendi Sequin Baguette. Image Credit: @harrods
Luxury brands are no strangers to consistent price increases. It was only on January 10, 2023, that the prices of Fendi’s bestselling bags rose around 12%.
During the January increases, it was Fendi’s most popular bags that were impacted. Unfortunately for Fendi fans, it appears that the majority of styles and categories will be hit this time around. All categories including small leather goods, belts, bag straps, and jewelry will increase. The new prices will be effective on April 12, 2023.
The most highly sought-after pieces such as the Fendi Baguette in Midi size will be rising by around 6%, from $3,290 to $3,490. For those looking to channel their inner Carrie Bradshaw, you will now be looking at spending $ 3,750 for your Medium Baguette bag.
The timeless Peekaboo will be impacted too – with the Mini variation rising in price by 4%. It’s not just the iconic Fendi pieces being hit by increases. The Fendi First in Midi size will increase by 6%. While the more recent Fendigraphy in Medium will rise by approximately 2%.
Although the price increase is not entirely consistent across all handbag lines and categories – there are certainly impactful!
Fendi Mini Peekaboo. Image Credit: @fendi
We have already seen the first huge wave of price increases within the luxury world this year. Superbrands such as Chanel, Hermès, and Louis Vuitton have already hit us with their rising price tags earlier this year. Which designer do you think will be raising their prices next?
Read more:
It’s not a Bag: It’s a Fendi Price Increase in 2023
Breaking News: Global Chanel Price Increase 2023
New Confirmed Hermès Prices in Europe 2023
Louis Vuitton Prices Are Going Up in 2023
- Anna McWhirter posted 2 years ago
- last edited 2 years ago
