A handful of years ago, I remember walking into a Chanel boutique and spotting the Classic Flap bag. I glanced at the price ...

Chanel’s luxury glow dimmed last year, with the brand reporting a 4.3% dip in sales to $18.7 billion, the first decline since 2020. Operating profits took a sharper fall, dropping 30% to $4.5 billion.

Chanel, Louis Vuitton, and Hermès, one thing remains a given—there will be price increases and lots of them. In the ...

Analysts say Walmart’s thinner margins and price-sensitive shoppers may have influenced the company’s decision to speak out.