Produced by Amanda Hobor, Xue Yu (Alice)
Cinematography by Xue Yu (Alice)
Originally published on CNNMoney on April 24, 2015
http://money.cnn.com/video/luxury/2015/04/24/chanel-changes-bag-prices-blames-euro.cnnmoney/
The falling euro is creating problems for companies’ bottom lines. Just look at Chanel to see the impact. The fashion house is raising prices in Europe, cutting them in China because of currency fluctuations.